According to the public record, 1, The Old Tweed Mill, Morpeth is a modern freehold house and with 1,447 ft2 of internal area and sits on a 848 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Old Tweed Mill, Swarland, Morpeth, NE65 is located within the NE65 postal district.
1, The Old Tweed Mill, Morpeth has 3 entries in the Land Registry database, most recently in August 2019 and no records in the EPC database.
We combine this information with that 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 The Old Tweed Mill Morpeth as £384,350 and the rental value as £1,388 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 1 The Old Tweed Mill Morpeth has decreased by £7,031 (1.8%) and its rental value has increased by £51 per month (3.7%).
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, The Old Tweed Mill, Morpeth is in very good condition we estimate a sale value of £403,567 and rental value of £1,458 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,445 and a rental value of £1,291 per month.
If you were able to purchase this property for the estimated value of £384,350, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,889 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, The Old Tweed Mill, Morpeth sits on a plot of 848m2.
We have plot size data on 4 out of 7 other houses in the postcode and 1, The Old Tweed Mill, Morpeth sits on the 3rd largest plot.
According to HM Land Registry, 1, The Old Tweed Mill, Morpeth was last sold on 09 Aug 2019 for £295,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2019, the market for similar properties has risen 24.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Old Tweed Mill, Morpeth within a radius of 484m over the last 2 years.
The most recent example is Eastwynd, Studley Drive, Morpeth, NE65 9JT, a Freehold house which sold for £404,000 in Jul 2024.
Read more about house prices in NE65.
The Old Tweed Mill, Swarland, Morpeth, NE65 has a total of 7 addresses. According to our analysis of all the public data, 1, The Old Tweed Mill, Morpeth is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in NE65.
1, The Old Tweed Mill, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jan 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1, The Old Tweed Mill, Morpeth is Acklington station which is 6.2 km 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, The Old Tweed Mill, Morpeth, 66.7% of property is privately owned outright and 30.7% is privately owned with a mortgage.
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, The Old Tweed Mill, Morpeth, 10.1% of residents are recorded as possessing school level qualifications and 48.6% 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, The Old Tweed Mill, Morpeth, the average age was 48 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 1, The Old Tweed Mill, Morpeth, 0.0% 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 1, The Old Tweed Mill, 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.