According to the public record, 3 Station Cottages, Morpeth is a period freehold house with 1,054 ft2 of internal area and sits on a 882 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Warkworth, Morpeth, NE65 is located within the NE65 postal district.
3 Station Cottages, Morpeth has 2 entries in the Land Registry database, most recently in October 2011 and a single entry in the EPC database dated March 2024.
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 Station Cottages Morpeth as £267,720 and the rental value as £1,290 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 3 Station Cottages Morpeth has decreased by £1,742 (0.7%) and its rental value has increased by £61 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 3 Station Cottages, Morpeth is in very good condition we estimate a sale value of £281,106 and rental value of £1,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,980 and a rental value of £1,200 per month.
If you were able to purchase this property for the estimated value of £267,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,316 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 Station Cottages, Morpeth sits on a plot of 882m2.
We have plot size data on 11 out of 12 other houses in the postcode and 3 Station Cottages, Morpeth sits on the 5th largest plot.
According to HM Land Registry, 3 Station Cottages, Morpeth was last sold on 21 Oct 2011 for £156,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2011, the market for similar properties has risen 56.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Station Cottages, Morpeth within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 3 Brotherwick Farm Cottages, Morpeth, NE65 0YQ, a Freehold house which sold for £245,000 in Jan 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warkworth, Morpeth, NE65 has a total of 85 addresses. According to our analysis of all the public data, 3 Station Cottages, Morpeth is the 46th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in NE65.
3 Station Cottages, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 3 Station Cottages, Morpeth is Alnmouth station which is 4.2 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 Station Cottages, Morpeth, 42.2% of property is privately owned outright and 26.7% is privately 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 3 Station Cottages, Morpeth, 12.4% of residents are recorded as possessing school level qualifications and 50.6% 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 Station Cottages, Morpeth, the average age was 48 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 Station Cottages, Morpeth, 1.7% 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 Station Cottages, Morpeth, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.