According to the public record, 3 White Cottages, Morpeth is a mid-century house with 505 ft2 of internal area and sits on a 1,199 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Longframlington, Morpeth, NE65 is located within the NE65 postal district.
3 White Cottages, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated November 2019.
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 White Cottages Morpeth as £116,832 and the rental value as £723 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 3 White Cottages Morpeth has increased by £2,734 (2.3%) and its rental value has increased by £60 per month (8.3%).
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 White Cottages, Morpeth is in very good condition we estimate a sale value of £122,674 and rental value of £759 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,654 and a rental value of £673 per month.
If you were able to purchase this property for the estimated value of £116,832, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £574 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 White Cottages, Morpeth sits on a plot of 1199m2.
We have plot size data on 9 out of 9 other houses in the postcode and 3 White Cottages, Morpeth sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 White Cottages, Morpeth within a radius of 5.8 kilometres over the last 2 years.
The most recent example is 28, Rimside View, Morpeth, NE65 8EP, a Freehold house which sold for £82,500 in Aug 2016.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longframlington, Morpeth, NE65 has a total of 213 addresses. According to our analysis of all the public data, 3 White Cottages, Morpeth is the 201st largest and the 197th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in NE65.
3 White Cottages, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, anthracite.
The closest station to 3 White Cottages, Morpeth is Acklington station which is 9.1 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 3 White Cottages, Morpeth, 44.2% of property is socially rented and 27.5% 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 3 White Cottages, Morpeth, 11.9% 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 3 White Cottages, 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 3 White Cottages, Morpeth, 0.0% 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 3 White Cottages, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.