According to the public record, 13, Cottingwood Lane, Morpeth is a modern house with 3,121 ft2 of internal area and sits on a 741 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Cottingwood Lane, Morpeth, NE61 is located within the NE61 postal district.
13, Cottingwood Lane, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated September 2013.
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 13 Cottingwood Lane Morpeth as £739,677 and the rental value as £1,832 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 13 Cottingwood Lane Morpeth has decreased by £14,596 (2.0%) and its rental value has increased by £84 per month (4.6%).
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 13, Cottingwood Lane, Morpeth is in very good condition we estimate a sale value of £776,661 and rental value of £1,923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £687,900 and a rental value of £1,704 per month.
If you were able to purchase this property for the estimated value of £739,677, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,635 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, 13, Cottingwood Lane, Morpeth sits on a plot of 741m2.
We have plot size data on 2 out of 3 other houses in the postcode and 13, Cottingwood Lane, Morpeth sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Cottingwood Lane, Morpeth within a radius of 760 metres over the last 2 years.
The most recent example is 2, Whinchat Way, Morpeth, NE61 1EW, a Freehold house which sold for £754,950 in Dec 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cottingwood Lane, Morpeth, NE61 has a total of 32 addresses. According to our analysis of all the public data, 13, Cottingwood Lane, Morpeth is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £481k more expensive than the average property in NE61.
13, Cottingwood Lane, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Sep 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 13, Cottingwood Lane, Morpeth is Morpeth station which is 1.2 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 13, Cottingwood Lane, Morpeth, 67.3% of property is privately owned outright and 22.0% 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 13, Cottingwood Lane, Morpeth, 14.3% of residents are recorded as possessing school level qualifications and 54.0% 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 13, Cottingwood Lane, Morpeth, the average age was 45.1 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 13, Cottingwood Lane, Morpeth, 1.4% 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 13, Cottingwood Lane, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.