According to the public record, Beech Cottage, Morpeth is a modern freehold house with 2,066 ft2 of internal area and sits on a 789 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Fulbeck, Morpeth, NE61 is located within the NE61 postal district.
Beech Cottage, Morpeth has 21 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated March 2020.
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 Beech Cottage Morpeth as £726,561 and the rental value as £1,799 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Beech Cottage Morpeth has decreased by £14,337 (2.0%) and its rental value has increased by £82 per month (4.6%).
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 Beech Cottage, Morpeth is in very good condition we estimate a sale value of £762,889 and rental value of £1,889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £675,702 and a rental value of £1,673 per month.
If you were able to purchase this property for the estimated value of £726,561, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,571 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, Beech Cottage, Morpeth sits on a plot of 789m2.
We have plot size data on 6 out of 14 other houses in the postcode and Beech Cottage, Morpeth sits on the 6th largest plot.
According to HM Land Registry, Beech Cottage, Morpeth was last sold on 20 Jul 2022 for £605,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Beech Cottage, Morpeth within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 25, Oakland Park, Morpeth, NE61 3JP, a Freehold house which sold for £579,950 in Apr 2018.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fulbeck, Morpeth, NE61 has a total of 25 addresses. According to our analysis of all the public data, Beech Cottage, Morpeth is the 23rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £468k more expensive than the average property in NE61.
Beech Cottage, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Beech Cottage, Morpeth is Morpeth station which is 2.0 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 Beech Cottage, Morpeth, 51.7% of property is privately owned outright and 31.9% 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 Beech Cottage, Morpeth, 17.7% of residents are recorded as possessing school level qualifications and 61.0% 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 Beech Cottage, Morpeth, the average age was 45.1 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 Beech Cottage, 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 Beech Cottage, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.