According to the public record, 2 Low Heighley Cottages, Morpeth is a period house with 1,291 ft2 of internal area and sits on a 1,159 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Morpeth, NE61 is located within the NE61 postal district.
2 Low Heighley Cottages, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated September 2014.
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 2 Low Heighley Cottages Morpeth as £536,580 and the rental value as £1,452 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 2 Low Heighley Cottages Morpeth has decreased by £9,504 (1.8%) and its rental value has increased by £69 per month (4.7%).
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 2 Low Heighley Cottages, Morpeth is in very good condition we estimate a sale value of £563,409 and rental value of £1,525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £499,019 and a rental value of £1,351 per month.
If you were able to purchase this property for the estimated value of £536,580, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,637 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, 2 Low Heighley Cottages, Morpeth sits on a plot of 1159m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2 Low Heighley Cottages, 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 2 Low Heighley Cottages, Morpeth within a radius of 640 metres over the last 2 years.
The most recent example is 15, Thorp Avenue, Morpeth, NE61 1JT, a Freehold house which sold for £262,400 in Oct 2022.
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, 2 Low Heighley Cottages, Morpeth is the 154th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £278k more expensive than the average property in NE61.
2 Low Heighley Cottages, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2 Low Heighley Cottages, Morpeth is Morpeth station which is 4.3 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 Low Heighley Cottages, Morpeth, 29.4% of property is privately owned outright and 28.8% is socially 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 2 Low Heighley Cottages, Morpeth, 13.5% of residents are recorded as possessing school level qualifications and 34.4% 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 Low Heighley 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 2 Low Heighley Cottages, Morpeth, 0.9% 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 Low Heighley Cottages, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.