According to the public record, Lily Cottage, 1 Low Southward Edge, Morpeth is a period freehold house with 1,160 ft2 of internal area and sits on a 1,068 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Longhorsley, Morpeth, NE65 is located within the NE65 postal district.
Lily Cottage, 1 Low Southward Edge, Morpeth has 3 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated August 2011.
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 Lily Cottage 1 Low Southward Edge Morpeth as £426,604 and the rental value as £1,191 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Lily Cottage 1 Low Southward Edge Morpeth has decreased by £1,279 (0.3%) 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 Lily Cottage, 1 Low Southward Edge, Morpeth is in very good condition we estimate a sale value of £447,935 and rental value of £1,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,742 and a rental value of £1,108 per month.
If you were able to purchase this property for the estimated value of £426,604, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,097 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, Lily Cottage, 1 Low Southward Edge, Morpeth sits on a plot of 1068m2.
We have plot size data on 2 out of 3 other houses in the postcode and Lily Cottage, 1 Low Southward Edge, Morpeth sits on the largest plot.
According to HM Land Registry, Lily Cottage, 1 Low Southward Edge, Morpeth was last sold on 10 Jul 2017 for £345,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lily Cottage, 1 Low Southward Edge, Morpeth within a radius of 8.9 kilometres over the last 2 years.
The most recent example is Old School, Morpeth, NE65 8RW, a Freehold house which sold for £555,000 in Nov 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longhorsley, Morpeth, NE65 has a total of 177 addresses. According to our analysis of all the public data, Lily Cottage, 1 Low Southward Edge, Morpeth is the 126th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in NE65.
Lily Cottage, 1 Low Southward Edge, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2011.
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 Lily Cottage, 1 Low Southward Edge, Morpeth is Morpeth station which is 12.1 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 Lily Cottage, 1 Low Southward Edge, Morpeth, 60.0% of property is privately owned outright and 31.1% 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 Lily Cottage, 1 Low Southward Edge, Morpeth, 13.0% of residents are recorded as possessing school level qualifications and 50.9% 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 Lily Cottage, 1 Low Southward Edge, 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 Lily Cottage, 1 Low Southward Edge, Morpeth, 1.3% 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 Lily Cottage, 1 Low Southward Edge, 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.