The Coppice, Morpeth has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 The Coppice, Morpeth is in very good condition we estimate a sale value of £634,363 and rental value of £1,571 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,865 and a rental value of £1,391 per month.
If you were able to purchase this property for the estimated value of £604,155, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,969 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 HM Land Registry, The Coppice, Morpeth was last sold on 07 Nov 2019 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Coppice, Morpeth within a radius of 11.9 kilometres over the last 2 years.
The most recent example is The Two Queens, Morpeth, NE61 4BA, a Freehold house which sold for £510,000 in Sep 2019.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longwitton, Morpeth, NE61 has a total of 48 addresses. According to our analysis of all the public data, The Coppice, Morpeth is the 16th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £345k more expensive than the average property in NE61.
The Coppice, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
According to the public record, The Coppice, Morpeth is a period freehold house with 2,023 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Longwitton, Morpeth, NE61 is located within the NE61 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for The Coppice Morpeth as £604,155 and the rental value as £1,496 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of The Coppice Morpeth has decreased by £8,010 (1.3%) and its rental value has increased by £78 per month (5.2%).
The closest station to The Coppice, Morpeth is Morpeth station which is 15.6 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 The Coppice, Morpeth, 37.7% of property is privately owned outright and 29.5% 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 The Coppice, Morpeth, 14.3% of residents are recorded as possessing school level qualifications and 46.7% 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 The Coppice, 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 The Coppice, Morpeth, 2.8% 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 The Coppice, Morpeth, there are an average of 1.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.