According to the public record, Ivy Cottage, Morpeth is a period house with 516 ft2 of internal area and sits on a 67,946 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Longhorsley, Morpeth, NE65 is located within the NE65 postal district.
Ivy Cottage, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated October 2021.
We combine this information with public data 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 Ivy Cottage Morpeth as £270,299 and the rental value as £874 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Ivy Cottage Morpeth has increased by £4,585 (1.7%) and its rental value has increased by £71 per month (8.2%).
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 Ivy Cottage, Morpeth is in very good condition we estimate a sale value of £283,814 and rental value of £918 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,378 and a rental value of £813 per month.
If you were able to purchase this property for the estimated value of £270,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,328 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, Ivy Cottage, Morpeth sits on a plot of 67946m2.
We have plot size data on 5 out of 10 other houses in the postcode and Ivy Cottage, Morpeth sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 7.3 kilometres radius of Ivy Cottage, Morpeth over the last 2 years.
The most recent example is West Farm Cottage, Morpeth, NE65 8UX, a Freehold house which sold for £300,000 in Sep 2018.
Read more about house prices in NE65.
Longhorsley, Morpeth, NE65 has a total of 177 addresses. According to our analysis of all the public data, Ivy Cottage, Morpeth is the 171st largest and the 148th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in NE65.
Ivy Cottage, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a coal fired boiler and radiators.
The closest station to Ivy Cottage, Morpeth is Widdrington station which is 9.8 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 Ivy Cottage, Morpeth, 54.4% of property is privately owned outright and 29.8% 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 Ivy Cottage, Morpeth, 12.2% of residents are recorded as possessing school level qualifications and 45.5% 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 Ivy Cottage, Morpeth, the average age was 44.7 and the most common age was 57.
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 Ivy Cottage, 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 Ivy Cottage, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.