According to the public record, Ruths Stables, Peigh Hills Farm is a period house with 1,248 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Morpeth, NE61 is located within the NE61 postal district.
Ruths Stables, Peigh Hills Farm has no records in the Land Registry database and a single entry in the EPC database dated March 2015.
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 Ruths Stables Peigh Hills Farm as £364,699 and the rental value as £1,213 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Ruths Stables Peigh Hills Farm has decreased by £6,496 (1.8%) and its rental value has increased by £58 per month (4.8%).
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 Ruths Stables, Peigh Hills Farm is in very good condition we estimate a sale value of £382,934 and rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,170 and a rental value of £1,128 per month.
If you were able to purchase this property for the estimated value of £364,699, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,792 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ruths Stables, Peigh Hills Farm within a radius of 5.3 kilometres over the last 2 years.
The most recent example is 27, The Croft, Morpeth, NE61 3BB, a Freehold house which sold for £358,575 in Aug 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morpeth, NE61 has a total of 258 addresses. According to our analysis of all the public data, Ruths Stables, Peigh Hills Farm is the 156th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in NE61.
Ruths Stables, Peigh Hills Farm has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2015.
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 Ruths Stables, Peigh Hills Farm is Widdrington station which is 3.7 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 Ruths Stables, Peigh Hills Farm, 52.3% of property is privately owned outright and 25.7% is privately 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 Ruths Stables, Peigh Hills Farm, 16.2% of residents are recorded as possessing school level qualifications and 44.2% 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 Ruths Stables, Peigh Hills Farm, 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 Ruths Stables, Peigh Hills Farm, 0.8% 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 Ruths Stables, Peigh Hills Farm, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.