According to the public record, Heatherlea House, Morpeth is a mid-century freehold house with 3,336 ft2 of internal area and sits on a 2,150 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Hillside, Rothbury, Morpeth, NE65 is located within the NE65 postal district.
Heatherlea House, Morpeth has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated July 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 Heatherlea House Morpeth as £571,626 and the rental value as £1,984 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Heatherlea House Morpeth has decreased by £11,425 (2.0%) and its rental value has increased by £77 per month (3.9%).
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 Heatherlea House, Morpeth is in very good condition we estimate a sale value of £600,207 and rental value of £2,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £531,612 and a rental value of £1,845 per month.
If you were able to purchase this property for the estimated value of £571,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,809 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, Heatherlea House, Morpeth sits on a plot of 2150m2.
We have plot size data on 17 out of 32 other houses in the postcode and Heatherlea House, Morpeth sits on the 4th largest plot.
According to HM Land Registry, Heatherlea House, Morpeth was last sold on 13 Jan 2016 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 36.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Heatherlea House, Morpeth within a radius of 6.6 kilometres over the last 2 years.
The most recent example is Burnside House, Morpeth, NE65 7EJ, a Freehold house which sold for £499,608 in Jun 2021.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hillside, Rothbury, Morpeth, NE65 has a total of 119 addresses. According to our analysis of all the public data, Heatherlea House, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £296k more expensive than the average property in NE65.
Heatherlea House, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Jul 2013.
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 Heatherlea House, Morpeth is Acklington station which is 16.3 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 Heatherlea House, Morpeth, 71.4% of property is privately owned outright and 25.6% 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 Heatherlea House, Morpeth, 9.9% of residents are recorded as possessing school level qualifications and 59.2% 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 Heatherlea House, 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 Heatherlea House, Morpeth, 1.8% 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 Heatherlea House, 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.