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According to the public record, Rose Cottage, Morpeth is a period freehold house with 1,345 ft2 of internal area and sits on a 787 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Rose Cottage, Morpeth is £496,931 and the estimated rental value is £1,652 per month.
Stannington, Morpeth, NE61 is located within the NE61 postal district.
Rose Cottage, Morpeth has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated May 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.
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 Rose Cottage, Morpeth is in very good condition we estimate a sale value of £521,777 and a rental value of £1,735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,146 and a rental value of £1,536 per month.
Over the last 12 months the sale value of Rose Cottage Morpeth has increased by an estimated £7,020 (1.4%) and its rental value has increased by an estimated £52 per month (3.1%), giving an expected gross yield of 4%.
According to data from HM Land Registry, Rose Cottage, Morpeth sits on a plot of 787m2.
We have plot size data on 4 out of 5 other houses in the postcode and Rose Cottage, Morpeth sits on the 3rd largest plot.
Rose Cottage, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Rose Cottage, Morpeth was last sold on 27th January 2021 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Rose Cottage, Morpeth within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 18, Green Close, Morpeth, NE61 6PE, a freehold house which sold for £600,000 on the 24th June 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stannington, Morpeth, NE61 has a total of 110 addresses. According to our analysis of all the public data, Rose Cottage, Morpeth is the 69th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in NE61.
The closest station to Rose Cottage, Morpeth is Cramlington station which is 4.8 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 Rose Cottage, Morpeth, 41.4% of property is privately owned outright and 25.6% is privately owned with a mortgage.
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 Rose Cottage, Morpeth, 17.3% of residents are recorded as possessing school level qualifications and 45.9% 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 Rose Cottage, Morpeth, the average age was 44.7 and the most common age was 57.
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 Rose Cottage, Morpeth, 0.7% 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 Rose Cottage, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
