1, Northcroft Grove
1, Northcroft Grove
Description & Estimates
1, Northcroft Grove, Morpeth is recorded publicly as a modern freehold house across 1,528 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Northcroft Grove, Morpeth is £560,147 and its rental estimate is £1,813 per month, given the available information and assuming reasonable condition.
Northcroft Grove, Stannington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
1, Northcroft Grove, Morpeth has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Northcroft Grove, Morpeth, we estimate a market value of £588,154 and a rental value of £1,904 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £520,936 and £1,687 per month respectively.
Recent Market Change
Over the last year, 1, Northcroft Grove, Morpeth has seen its estimated sale value increase by £6,143 (1.1%) and its estimated rental value grow by £44 per month (2.4%). This results in an estimated gross rental yield of 3.9%.
Energy Efficiency
1, Northcroft Grove, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 1, Northcroft Grove, Morpeth completed on 21st June 2024 at £557,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 16.2% over the period since June 2024.
- Sold Jun 2024£557,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Northcroft Grove, Morpeth have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was 8, Ridge Grove, Morpeth, NE61 6GH, a freehold house which sold for £505,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 2 addresses on Northcroft Grove, Stannington, Morpeth, NE61, 1, Northcroft Grove, Morpeth comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £279k more expensive than the average property across the NE61 district.
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Schools Nearby
- 2.4kmStannington First School
- 3.3kmMeadowdale Academy
- 3.3kmMorpeth First School
- 3.5kmSt Benet Biscop Catholic Academy
- 5.5kmThe King Edward VI School
- 6.1kmBedlington Academy
More reading links
Public Transport Nearby
From 1, Northcroft Grove, Morpeth, the nearest station is Morpeth, 4.0 kilometres away.
- 4.0kmMorpeth
- 5.5kmPegswood
- 5.9kmBedlington
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
