The Barn, Corridge Farm
The Barn, Corridge Farm
Description & Estimates
The Barn, Corridge Farm, Morpeth appears in the public record as a freehold house sitting on a 2,285 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,960 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Barn, Corridge Farm, Morpeth is £550,197 and its rental estimate is £2,502 per month, given the available information and assuming reasonable condition.
Middleton, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
The Barn, Corridge Farm, Morpeth has a single entry in the Land Registry from October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For The Barn, Corridge Farm, Morpeth, we estimate a market value of £577,707 and a rental value of £2,627 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £511,683 and £2,327 per month respectively.
Recent Market Change
Over the last year, The Barn, Corridge Farm, Morpeth has seen its estimated sale value climb by £1,470 (0.3%) and its estimated rental value rise by £41 per month (1.6%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for The Barn, Corridge Farm, Morpeth as measuring 2,285 m2.
That makes it the 3rd largest plot in the postcode, where all 6 other houses have recorded plot data.
Sold Prices
The most recent sale of The Barn, Corridge Farm, Morpeth completed on 22nd October 2008 at £1,175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 6.9% over the period since October 2008.
- Sold Oct 2008£1,175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Barn, Corridge Farm, Morpeth have sold within a radius of 12.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2023, was Old Rectory, Morpeth, NE61 3UP, a freehold house which sold for £1,395,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Middleton, Morpeth, NE61, The Barn, Corridge Farm, Morpeth comes out as the 6th largest and the 14th most expensive in our analysis of the public data.
It is also £269k more expensive than the average property across the NE61 district.
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Schools Nearby
- 4.1kmCambo First School
- 6.3kmBelsay Primary School
- 7.6kmWhalton Church of England Aided Primary School
- 14.3kmThe King Edward VI School
- 15.6kmPonteland High School
- 19.6kmSt Benet Biscop Catholic Academy
More reading links
Public Transport Nearby
From The Barn, Corridge Farm, Morpeth, the nearest station is Morpeth, 14.7 kilometres away.
- 14.7kmMorpeth
- 17.4kmPegswood
- 19.8kmWylam
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
