According to the public record, Meldon Lane House Cottage, Morpeth is a period house with 1,431 ft2 of internal area and sits on a 382 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Whalton, Morpeth, NE61 is located within the NE61 postal district.
Meldon Lane House Cottage, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated March 2018.
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 Meldon Lane House Cottage Morpeth as £607,555 and the rental value as £1,557 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Meldon Lane House Cottage Morpeth has decreased by £6,124 (1.0%) and its rental value has increased by £88 per month (5.6%).
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 Meldon Lane House Cottage, Morpeth is in very good condition we estimate a sale value of £637,933 and rental value of £1,635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £565,026 and a rental value of £1,448 per month.
If you were able to purchase this property for the estimated value of £607,555, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,986 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, Meldon Lane House Cottage, Morpeth sits on a plot of 382m2.
We have plot size data on 2 out of 4 other houses in the postcode and Meldon Lane House Cottage, Morpeth sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Meldon Lane House Cottage, Morpeth within a radius of 8.1 kilometres over the last 2 years.
The most recent example is Oxfoot Barns, Newcastle Upon Tyne, NE20 0HF, a Freehold house which sold for £575,000 in Dec 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whalton, Morpeth, NE61 has a total of 109 addresses. According to our analysis of all the public data, Meldon Lane House Cottage, Morpeth is the 64th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £349k more expensive than the average property in NE61.
Meldon Lane House Cottage, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Mar 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using an dual fuel boiler (mineral and wood) and radiators.
The closest station to Meldon Lane House Cottage, Morpeth is Morpeth 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 Meldon Lane House Cottage, Morpeth, 34.8% of property is privately rented and 33.9% is privately owned outright.
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 Meldon Lane House Cottage, Morpeth, 16.8% of residents are recorded as possessing school level qualifications and 46.3% 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 Meldon Lane House 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 Meldon Lane House Cottage, Morpeth, 0.0% 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 Meldon Lane House Cottage, Morpeth, there are an average of 2.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.