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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 Thirston Mill, Morpeth is £1,206,006 and the estimated rental value is £3,551 per month.
West Thirston, Morpeth, NE65 is located within the NE65 postal district.
Thirston Mill, Morpeth has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated September 2023.
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 Thirston Mill, Morpeth is in very good condition we estimate a sale value of £1,266,306 and a rental value of £3,728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,121,586 and a rental value of £3,302 per month.
Over the last 12 months the sale value of Thirston Mill Morpeth has decreased by an estimated £744 (0.1%) and its rental value has increased by an estimated £50 per month (1.4%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, Thirston Mill, Morpeth sits on a plot of 26927m2.
Thirston Mill, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Thirston Mill, Morpeth was last sold on 11th December 2020 for £942,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Thirston Mill, Morpeth within a radius of 5.7 kilometres over the last 2 years.
The most recent example is 6, Linden Acres, Morpeth, NE65 8XQ, a freehold house which sold for £1,010,000 on the 18th May 2023.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Thirston, Morpeth, NE65 has a total of 81 addresses. According to our analysis of all the public data, Thirston Mill, Morpeth is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £912k more expensive than the average property in NE65.
The closest station to Thirston Mill, Morpeth is Acklington station which is 3.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Thirston Mill, Morpeth, 48.5% of property is privately owned outright and 33.1% 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 Thirston Mill, Morpeth, 11.3% of residents are recorded as possessing school level qualifications and 50.5% 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 Thirston Mill, 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 Thirston Mill, Morpeth, 1.1% 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 Thirston Mill, 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.