According to the public record, River Meadow House, Morpeth is a period house with 2,303 ft2 of internal area and sits on a 1,633 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Thropton, Morpeth, NE65 is located within the NE65 postal district.
River Meadow House, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated March 2022.
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 River Meadow House Morpeth as £491,339 and the rental value as £1,667 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of River Meadow House Morpeth has decreased by £9,820 (2.0%) and its rental value has increased by £65 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 River Meadow House, Morpeth is in very good condition we estimate a sale value of £515,906 and rental value of £1,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,945 and a rental value of £1,551 per month.
If you were able to purchase this property for the estimated value of £491,339, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,415 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, River Meadow House, Morpeth sits on a plot of 1633m2.
We have plot size data on 13 out of 18 other houses in the postcode and River Meadow House, Morpeth sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to River Meadow House, Morpeth within a radius of 7.4 kilometres over the last 2 years.
The most recent example is 9, Meadowcroft Park, Morpeth, NE65 7HR, a Freehold house which sold for £350,000 in Mar 2021.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thropton, Morpeth, NE65 has a total of 206 addresses. According to our analysis of all the public data, River Meadow House, Morpeth is the 34th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in NE65.
River Meadow House, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to River Meadow House, Morpeth is Acklington station which is 19.6 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 River Meadow House, Morpeth, 53.1% of property is privately owned outright and 18.4% is socially rented.
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 River Meadow House, Morpeth, 13.4% of residents are recorded as possessing school level qualifications and 38.6% 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 River Meadow 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 River Meadow House, Morpeth, 1.0% 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 River Meadow House, Morpeth, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.