According to the public record, 1 Middle Fenrother Farm Cottages, Morpeth is a period house with 828 ft2 of internal area and sits on a 1,131 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morpeth, NE61 is located within the NE61 postal district.
1 Middle Fenrother Farm Cottages, Morpeth has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Middle Fenrother Farm Cottages Morpeth as £273,273 and the rental value as £1,109 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 1 Middle Fenrother Farm Cottages Morpeth has decreased by £3,431 (1.3%) and its rental value has increased by £59 per month (5.4%).
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 1 Middle Fenrother Farm Cottages, Morpeth is in very good condition we estimate a sale value of £286,937 and rental value of £1,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,144 and a rental value of £1,031 per month.
If you were able to purchase this property for the estimated value of £273,273, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,343 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Middle Fenrother Farm Cottages, Morpeth sits on a plot of 1131m2.
We have plot size data on 6 out of 8 other houses in the postcode and 1 Middle Fenrother Farm Cottages, Morpeth sits on the 4th largest plot.
According to HM Land Registry, 1 Middle Fenrother Farm Cottages, Morpeth was last sold on 08 Dec 2003 for £55,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Middle Fenrother Farm Cottages, Morpeth within a radius of 770 metres over the last 2 years.
The most recent example is 3, Olympia Gardens, Morpeth, NE61 1JQ, a Freehold house which sold for £245,000 in Dec 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morpeth, NE61 has a total of 258 addresses. According to our analysis of all the public data, 1 Middle Fenrother Farm Cottages, Morpeth is the 205th largest and the 186th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in NE61.
1 Middle Fenrother Farm Cottages, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 1 Middle Fenrother Farm Cottages, Morpeth is Pegswood station which is 7.1 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 1 Middle Fenrother Farm Cottages, Morpeth, 52.3% of property is privately owned outright and 25.7% is privately rented.
The graph below shows how this compares to Greater London 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 1 Middle Fenrother Farm Cottages, Morpeth, 16.2% of residents are recorded as possessing school level qualifications and 44.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Middle Fenrother Farm Cottages, 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 1 Middle Fenrother Farm Cottages, Morpeth, 0.8% 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 1 Middle Fenrother Farm Cottages, 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.