Mill Farm Granary, Morpeth
Mill Farm Granary, Morpeth
Description & Estimates
According to the public record, Mill Farm Granary, Morpeth is a modern freehold house with 2,228 ft2 of internal area and sits on a 823 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Mill Farm Granary, Morpeth is £645,920 and the estimated rental value is £2,148 per month.
Hartburn, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
Mill Farm Granary, Morpeth has a single entry in the Land Registry from February 2015 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Mill Farm Granary, Morpeth is in very good condition we estimate a sale value of £678,216 and a rental value of £2,255 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,705 and a rental value of £1,997 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Mill Farm Granary, Morpeth has moved up by £1,726 (0.3%), while its estimated rental value has increased by £35 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, Mill Farm Granary, Morpeth sits on a plot of 823 m2.
We have plot size data on 5 out of 8 other houses in the postcode and Mill Farm Granary, Morpeth sits on the 5th largest plot.
Energy Efficiency
Mill Farm Granary, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Mill Farm Granary, Morpeth was last sold on 13th February 2015 for £362,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2015, the market for similar properties has risen by 16.7%.
- Sold Feb 2015£362,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mill Farm Granary, Morpeth within a radius of 12.8 kilometres over the last 2 years.
The most recent example is West Grange Bungalow, Morpeth, NE61 4EQ, a freehold house which sold for £650,000 on the 15th November 2021.
Read more about house prices in NE61.
- Sold Nov 2021£650,000 | 5 Bed HouseWest Grange Bungalow, Morpeth, NE61 4EQWest Grange Bungalow, Morpeth, NE61 4EQ
- Sold Jun 2021£812,500 | 5 Bed HouseOld Mill Dairy, Morpeth, NE61 4EDOld Mill Dairy, Morpeth, NE61 4ED
- Sold Jul 2015£615,000 | 5 Bed HouseRothley Mill, Morpeth, NE61 4EDRothley Mill, Morpeth, NE61 4ED
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Hartburn, Morpeth, NE61 has a total of 84 addresses. According to our analysis of all the public data, Mill Farm Granary, Morpeth is the 26th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £365k more expensive than the average property in NE61.
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Schools Nearby
- 2.5kmCambo First School
- 10.0kmBelsay Primary School
- 10.3kmWhalton Church of England Aided Primary School
- 15.1kmThe King Edward VI School
- 19.2kmPonteland High School
- 21.3kmSt Benet Biscop Catholic Academy
More reading links
Public Transport Nearby
The closest station to Mill Farm Granary, Morpeth is Morpeth station, which is 15.8 kilometres away.
- 15.8kmMorpeth
- 18.1kmPegswood
- 21.1kmWiddrington
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
