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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, Old School, Morpeth is a period freehold house with 1,108 ft2 of internal area and sits on a 33,117 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Old School, Morpeth is £588,543 and the estimated rental value is £2,327 per month.
Wingates, Morpeth, NE65 is located within the NE65 postal district.
Old School, Morpeth has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 2021.
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.
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 Old School, Morpeth is in very good condition we estimate a sale value of £617,970 and a rental value of £2,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,345 and a rental value of £2,164 per month.
Over the last 12 months the sale value of Old School Morpeth has increased by an estimated £12,016 (2.0%) and its rental value has increased by an estimated £87 per month (3.7%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, Old School, Morpeth sits on a plot of 33117m2.
We have plot size data on 13 out of 18 other houses in the postcode and Old School, Morpeth sits on the 2nd largest plot.
Old School, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 22 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Old School, Morpeth was last sold on 1st November 2022 for £555,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 7.5 kilometres radius of Old School, Morpeth over the last 2 years.
The most recent example is 4, Morpeth, NE65 8RW, a freehold house which sold for £247,720 on the 7th March 2024.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wingates, Morpeth, NE65 has a total of 25 addresses. According to our analysis of all the public data, Old School, Morpeth is the 12th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £296k more expensive than the average property in NE65.
The closest station to Old School, Morpeth is Acklington station which is 13.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Old School, Morpeth, 39.1% of property is privately rented and 34.4% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Old School, Morpeth, 15.3% of residents are recorded as possessing school level qualifications and 48.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Old School, Morpeth, the average age was 50.7 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Old School, Morpeth, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Old School, Morpeth, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
