Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 1, Furrow Grove, Morpeth is a modern freehold house with 1,377 ft2 of internal area and sits on a 480 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Furrow Grove, Morpeth is £487,406 and the estimated rental value is £1,578 per month.
Furrow Grove, Stannington, Morpeth, NE61 is located within the NE61 postal district.
1, Furrow Grove, Morpeth has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 1, Furrow Grove, Morpeth is in very good condition we estimate a sale value of £511,776 and a rental value of £1,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,288 and a rental value of £1,468 per month.
Over the last 12 months the sale value of 1 Furrow Grove Morpeth has increased by an estimated £5,345 (1.1%) and its rental value has increased by an estimated £38 per month (2.4%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 1, Furrow Grove, Morpeth sits on a plot of 480m2.
We have plot size data on 14 out of 14 other houses in the postcode and 1, Furrow Grove, Morpeth sits on the 8th largest plot.
1, Furrow Grove, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 1, Furrow Grove, Morpeth was last sold on 28th October 2016 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2016, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Furrow Grove, Morpeth within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 8, Ridge Grove, Morpeth, NE61 6GH, a freehold house which sold for £505,000 on the 3rd May 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Furrow Grove, Stannington, Morpeth, NE61 has a total of 14 addresses. According to our analysis of all the public data, 1, Furrow Grove, Morpeth is the 2nd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £207k more expensive than the average property in NE61.
The closest station to 1, Furrow Grove, Morpeth is Morpeth station which is 4.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 1, Furrow Grove, Morpeth, % of property is and % is .
The graph below shows how this compares to North East 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 1, Furrow Grove, Morpeth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Furrow Grove, Morpeth, 0.0% 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 1, Furrow Grove, Morpeth, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
