Millstone Lodge, 2 The Old Tweed Mill

    MILLSTONE LODGE, 2, THE OLD TWEED MILL, SWARLAND, MORPETH, NE65 9LX

    This detached freehold property on The Old Tweed Mill last sold in July 2020 for £340,000. Based on price growth in the NE65 district since then, its estimated current value is £460,635 — placing it in the 75th percentile nationally and the 78th percentile within NE65. The property covers 157 m² (1,690 sq ft), giving an estimated value of £2,934 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    157 m²

    (1,690 sq ft)

    Last Sale Price

    £340,000

    Jul 2020

    Estimated Valuation

    £460,635

    Est. £/m²

    £2,934/m²

    £273/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageG
    Habitable rooms7
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area157 m² (1,690 sq ft)
    EPC dateJun 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    15 Jul 2020

    £340,000

    29 Feb 2016

    £285,000

    Key Metrics

    Estimated valuation£460,635
    Value per m² / sq ft£2,934/m² (£273/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE65 district percentile78th percentile
    National percentile75th percentile

    District Context — NE65

    NE65 covers the Hexhamshire area in west Northumberland, lying inland south of Hexham near the Tyne Valley. It is a rural district characterised by countryside, market towns and village communities, appealing to those seeking quieter, more established residential settings away from urban centres.

    Average Property Price - NE65

    £323,757

    49

    National percentile

    Average Net Household Income - NE65

    £37,474

    46

    National percentile

    10-Year Annualised Price Growth - NE65

    4.7%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE65

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