According to the public record, South Farm Cottage, Morpeth is a period house with 1,022 ft2 of internal area and sits on a 658,551 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Eshott, Morpeth, NE65 is located within the NE65 postal district.
South Farm Cottage, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated August 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 South Farm Cottage Morpeth as £430,503 and the rental value as £1,262 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of South Farm Cottage Morpeth has decreased by £1,291 (0.3%) and its rental value has increased by £76 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 South Farm Cottage, Morpeth is in very good condition we estimate a sale value of £452,028 and rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,367 and a rental value of £1,173 per month.
If you were able to purchase this property for the estimated value of £430,503, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,116 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, South Farm Cottage, Morpeth sits on a plot of 658551m2.
We have plot size data on 6 out of 7 other houses in the postcode and South Farm Cottage, Morpeth sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to South Farm Cottage, Morpeth within a radius of 4.7 kilometres over the last 2 years.
The most recent example is Coachmans Cottage, The Village, Morpeth, NE65 9EW, a Freehold house which sold for £283,500 in Oct 2017.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eshott, Morpeth, NE65 has a total of 18 addresses. According to our analysis of all the public data, South Farm Cottage, Morpeth is the 11th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in NE65.
South Farm Cottage, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Aug 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 South Farm Cottage, Morpeth is Acklington station which is 3.8 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 South Farm Cottage, Morpeth, 48.5% of property is privately owned outright and 33.1% 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 South Farm Cottage, Morpeth, 11.3% of residents are recorded as possessing school level qualifications and 50.5% 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 South Farm 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 South Farm Cottage, Morpeth, 1.1% 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 South Farm Cottage, Morpeth, 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.