According to the public record, 3 Village Farm, Morpeth is a period freehold house with 850 ft2 of internal area and sits on a 699,519 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thropton, Morpeth, NE65 is located within the NE65 postal district.
3 Village Farm, Morpeth has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that 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 Village Farm Morpeth as £198,497 and the rental value as £1,092 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 Village Farm Morpeth has increased by £867 (0.4%) and its rental value has increased by £71 per month (6.5%).
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 3 Village Farm, Morpeth is in very good condition we estimate a sale value of £208,422 and rental value of £1,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,602 and a rental value of £1,016 per month.
If you were able to purchase this property for the estimated value of £198,497, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £976 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 Village Farm, Morpeth sits on a plot of 699519m2.
We have plot size data on 17 out of 26 other houses in the postcode and 3 Village Farm, Morpeth sits on the 5th largest plot.
According to HM Land Registry, 3 Village Farm, Morpeth was last sold on 19 Jul 2023 for £182,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Village Farm, Morpeth within a radius of 7.2 kilometres over the last 2 years.
The most recent example is Ivy Cottage, Morpeth, NE65 7EH, a Freehold house which sold for £175,000 in Mar 2024.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thropton, Morpeth, NE65 has a total of 206 addresses. According to our analysis of all the public data, 3 Village Farm, Morpeth is the 172nd largest and the 160th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in NE65.
3 Village Farm, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a coal fired boiler and radiators.
The closest station to 3 Village Farm, Morpeth is Acklington station which is 19.2 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 3 Village Farm, Morpeth, 59.5% of property is privately owned outright and 24.3% is privately owned with a mortgage.
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 Village Farm, Morpeth, 11.6% of residents are recorded as possessing school level qualifications and 47.9% 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 Village Farm, 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 Village Farm, Morpeth, 2.1% 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 Village Farm, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.