According to the public record, 2 East Edington, Morpeth is a period house with 1,980 ft2 of internal area and sits on a 1,159 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Morpeth, NE61 is located within the NE61 postal district.
2 East Edington, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated April 2018.
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 East Edington Morpeth as £460,509 and the rental value as £1,412 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 East Edington Morpeth has decreased by £8,243 (1.8%) and its rental value has increased by £66 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 East Edington, Morpeth is in very good condition we estimate a sale value of £483,534 and rental value of £1,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,273 and a rental value of £1,313 per month.
If you were able to purchase this property for the estimated value of £460,509, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,263 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 East Edington, Morpeth sits on a plot of 1159m2.
We have plot size data on 5 out of 9 other houses in the postcode and 2 East Edington, 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 East Edington, Morpeth within a radius of 640 metres over the last 2 years.
The most recent example is Bolland House, Bullers Green, Morpeth, NE61 1DE, a Freehold house which sold for £460,000 in Apr 2024.
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 East Edington, Morpeth is the 78th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £202k more expensive than the average property in NE61.
2 East Edington, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to 2 East Edington, Morpeth is Morpeth station which is 5.7 kilometres away.