According to the public record, Cragwell, Morpeth is a modern freehold house with 1,065 ft2 of internal area and sits on a 4,226 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rothley, Morpeth, NE61 is located within the NE61 postal district.
Cragwell, Morpeth has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated April 2013.
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 Cragwell Morpeth as £344,449 and the rental value as £1,169 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Cragwell Morpeth has decreased by £4,563 (1.3%) and its rental value has increased by £61 per month (5.2%).
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 Cragwell, Morpeth is in very good condition we estimate a sale value of £361,671 and rental value of £1,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,337 and a rental value of £1,087 per month.
If you were able to purchase this property for the estimated value of £344,449, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,693 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, Cragwell, Morpeth sits on a plot of 4226m2.
We have plot size data on 6 out of 11 other houses in the postcode and Cragwell, Morpeth sits on the largest plot.
According to HM Land Registry, Cragwell, Morpeth was last sold on 14 Jun 2013 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 39.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cragwell, Morpeth within a radius of 12.9 kilometres over the last 2 years.
The most recent example is West Grange Cottage, Morpeth, NE61 4EQ, a Freehold house which sold for £275,000 in Mar 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rothley, Morpeth, NE61 has a total of 16 addresses. According to our analysis of all the public data, Cragwell, Morpeth is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in NE61.
Cragwell, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 08 Apr 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, smokeless fuel.
The closest station to Cragwell, Morpeth is Morpeth station which is 15.5 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 Cragwell, Morpeth, 37.7% of property is privately owned outright and 29.5% 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 Cragwell, Morpeth, 14.3% of residents are recorded as possessing school level qualifications and 46.7% 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 Cragwell, 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 Cragwell, Morpeth, 2.8% 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 Cragwell, Morpeth, there are an average of 1.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.