According to the public record, 2, Cross Street, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,189 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cross Street, Amble, Morpeth, NE65 is located within the NE65 postal district.
2, Cross Street, Morpeth has 21 entries in the Land Registry database, most recently in September 2010 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 2 Cross Street Morpeth as £134,862 and the rental value as £713 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Cross Street Morpeth has increased by £2,720 (2.0%) and its rental value has increased by £54 per month (7.5%).
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 2, Cross Street, Morpeth is in very good condition we estimate a sale value of £141,605 and rental value of £749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,421 and a rental value of £663 per month.
If you were able to purchase this property for the estimated value of £134,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £663 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, 2, Cross Street, Morpeth was last sold on 14 Sep 2010 for £110,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2010, the market for similar properties has risen 51.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cross Street, Morpeth within a radius of 660 metres over the last 2 years.
The most recent example is 14, Scott Street, Morpeth, NE65 0NU, a Freehold house which sold for £170,000 in Nov 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Street, Amble, Morpeth, NE65 has a total of 3 addresses. According to our analysis of all the public data, 2, Cross Street, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in NE65.
The closest station to 2, Cross Street, Morpeth is Acklington station which is 5.2 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 2, Cross Street, Morpeth, 46.5% of property is privately rented and 30.3% is privately owned outright.
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 2, Cross Street, Morpeth, 12.4% of residents are recorded as possessing school level qualifications and 26.5% 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 2, Cross Street, 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 2, Cross Street, Morpeth, 1.2% 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 2, Cross Street, Morpeth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.