According to the public record, 3 Morwick Farm Cottages, Morpeth is a period house with 1,216 ft2 of internal area and sits on a 711 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Acklington, Morpeth, NE65 is located within the NE65 postal district.
3 Morwick Farm Cottages, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated July 2024.
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 3 Morwick Farm Cottages Morpeth as £558,123 and the rental value as £1,554 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 3 Morwick Farm Cottages Morpeth has decreased by £10,378 (1.9%) and its rental value has increased by £53 per month (3.4%).
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 3 Morwick Farm Cottages, Morpeth is in very good condition we estimate a sale value of £586,029 and rental value of £1,632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,054 and a rental value of £1,445 per month.
If you were able to purchase this property for the estimated value of £558,123, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,743 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, 3 Morwick Farm Cottages, Morpeth sits on a plot of 711m2.
We have plot size data on 7 out of 10 other houses in the postcode and 3 Morwick Farm Cottages, Morpeth sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Morwick Farm Cottages, Morpeth within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 2, Beal Bank, Morpeth, NE65 0SZ, a Freehold house which sold for £490,000 in Mar 2024.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acklington, Morpeth, NE65 has a total of 121 addresses. According to our analysis of all the public data, 3 Morwick Farm Cottages, Morpeth is the 65th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £283k more expensive than the average property in NE65.
3 Morwick Farm Cottages, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jul 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 3 Morwick Farm Cottages, Morpeth is Acklington station which is 2.7 kilometres away.