According to the public record, Garth Cottage, Morpeth is a period freehold house with 1,184 ft2 of internal area and sits on a 320 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rothbury Road, Longframlington, Morpeth, NE65 is located within the NE65 postal district.
Garth Cottage, Morpeth has 3 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated March 2019.
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 Garth Cottage Morpeth as £381,465 and the rental value as £1,206 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Garth Cottage Morpeth has increased by £341 (0.1%) and its rental value has increased by £72 per month (6.0%).
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 Garth Cottage, Morpeth is in very good condition we estimate a sale value of £400,539 and rental value of £1,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,763 and a rental value of £1,122 per month.
If you were able to purchase this property for the estimated value of £381,465, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,875 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, Garth Cottage, Morpeth sits on a plot of 320m2.
We have plot size data on 7 out of 16 other houses in the postcode and Garth Cottage, Morpeth sits on the 6th largest plot.
According to HM Land Registry, Garth Cottage, Morpeth was last sold on 24 Sep 2021 for £170,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Garth Cottage, Morpeth within a radius of 6.0 kilometres over the last 2 years.
The most recent example is 16, Harecross Park, Morpeth, NE65 8BW, a Freehold house which sold for £290,000 in Apr 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rothbury Road, Longframlington, Morpeth, NE65 has a total of 41 addresses. According to our analysis of all the public data, Garth Cottage, Morpeth is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in NE65.
Garth Cottage, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 26 Mar 2019.
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 Garth Cottage, Morpeth is Acklington station which is 9.5 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 Garth Cottage, Morpeth, 51.4% of property is privately owned outright and 39.6% 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 Garth Cottage, Morpeth, 14.1% of residents are recorded as possessing school level qualifications and 50.0% 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 Garth Cottage, 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 Garth 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 Garth Cottage, 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.