According to the public record, White Cottage, Morpeth is a modern freehold house with 914 ft2 of internal area and sits on a 761 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Whalton, Morpeth, NE61 is located within the NE61 postal district.
White Cottage, Morpeth has 3 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated July 2016.
We combine this information with that 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 White Cottage Morpeth as £429,471 and the rental value as £1,305 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of White Cottage Morpeth has increased by £2,644 (0.6%) and its rental value has increased by £98 per month (7.5%).
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 White Cottage, Morpeth is in very good condition we estimate a sale value of £450,944 and rental value of £1,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,408 and a rental value of £1,214 per month.
If you were able to purchase this property for the estimated value of £429,471, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,111 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, White Cottage, Morpeth sits on a plot of 761m2.
We have plot size data on 19 out of 19 other houses in the postcode and White Cottage, Morpeth sits on the 7th largest plot.
According to HM Land Registry, White Cottage, Morpeth was last sold on 14 Jan 2020 for £305,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2020, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to White Cottage, Morpeth within a radius of 7.3 kilometres over the last 2 years.
The most recent example is 3 West Thorn Farm, Newcastle Upon Tyne, NE20 0AG, a Freehold house which sold for £505,100 in Aug 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, White Cottage, Morpeth is the 95th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £171k more expensive than the average property in NE61.
White Cottage, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 26 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to White Cottage, Morpeth is Morpeth station which is 8.4 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 White Cottage, Morpeth, 46.0% of property is privately owned outright and 31.3% 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 White Cottage, Morpeth, 15.1% of residents are recorded as possessing school level qualifications and 48.6% 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 White 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 White Cottage, Morpeth, 2.6% 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 White Cottage, 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.