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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, The Lonnen, Morpeth is a period house with 1,679 ft2 of internal area.
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 The Lonnen, Morpeth is £236,128 and the estimated rental value is £1,424 per month.
Netherwitton, Morpeth, NE61 is located within the NE61 postal district.
The Lonnen, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 The Lonnen, Morpeth is in very good condition we estimate a sale value of £247,934 and a rental value of £1,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,599 and a rental value of £1,324 per month.
Over the last 12 months the sale value of The Lonnen Morpeth has increased by an estimated £2,590 (1.1%) and its rental value has increased by an estimated £34 per month (2.4%), giving an expected gross yield of 7.2%.
The Lonnen, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Jun 2023.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Lonnen, Morpeth within a radius of 6.4 kilometres over the last 2 years.
The most recent example is Ford View, Riverside, Morpeth, NE65 7NS, a freehold house which sold for £152,500 on the 15th July 2022.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netherwitton, Morpeth, NE61 has a total of 66 addresses. According to our analysis of all the public data, The Lonnen, Morpeth is the 24th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in NE61.
The closest station to The Lonnen, Morpeth is Acklington station which is 15.6 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 The Lonnen, Morpeth, 45.8% of property is privately rented and 35.4% 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 The Lonnen, Morpeth, 13.1% of residents are recorded as possessing school level qualifications and 34.8% 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 The Lonnen, 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 The Lonnen, Morpeth, 2.0% 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 The Lonnen, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
