According to the public record, 15, The Maltings, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,164 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
The Maltings, Rothbury, Morpeth, NE65 is located within the NE65 postal district.
15, The Maltings, Morpeth has 21 entries in the Land Registry database, most recently in June 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 The Maltings Morpeth as £269,461 and the rental value as £1,204 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 15 The Maltings Morpeth has increased by £1,177 (0.4%) and its rental value has increased by £78 per month (6.5%).
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 15, The Maltings, Morpeth is in very good condition we estimate a sale value of £282,934 and rental value of £1,265 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,599 and a rental value of £1,120 per month.
If you were able to purchase this property for the estimated value of £269,461, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,324 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 HM Land Registry, 15, The Maltings, Morpeth was last sold on 08 Jun 2012 for £170,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2012, the market for similar properties has risen 45.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, The Maltings, Morpeth within a radius of 7.0 kilometres over the last 2 years.
The most recent example is 1, Hawthorn Terrace, Morpeth, NE65 7TX, a Freehold house which sold for £240,000 in Dec 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Maltings, Rothbury, Morpeth, NE65 has a total of 16 addresses. According to our analysis of all the public data, 15, The Maltings, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in NE65.
The closest station to 15, The Maltings, Morpeth is Acklington station which is 16.5 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 15, The Maltings, Morpeth, 66.2% of property is privately owned outright and 16.9% 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 15, The Maltings, Morpeth, 9.0% of residents are recorded as possessing school level qualifications and 41.9% 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 15, The Maltings, 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 15, The Maltings, Morpeth, 2.8% 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 15, The Maltings, Morpeth, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.