2, Ashford Grove
2, Ashford Grove
Description & Estimates
Public records show 2, Ashford Grove, Morpeth to be a modern freehold house with 4,079 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Ashford Grove, Morpeth has an estimated sale value of £1,465,420 and an estimated rental value of £4,873 per month, assuming reasonable condition and based on the information available.
Ashford Grove, Mitford, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
2, Ashford Grove, Morpeth has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated March 2023.
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.
Price Range & Condition
In very good condition, we estimate 2, Ashford Grove, Morpeth would be worth £1,538,691, with a potential rental value of £5,117 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,362,840, with a rental value of £4,532 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Ashford Grove, Morpeth has increased by £3,916 (0.3%) over the last year. During the same period, its estimated monthly rental value has grown by £80 (1.6%). The property's estimated gross yield is currently 4.0%.
Energy Efficiency
2, Ashford Grove, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, LPG.
Sold Prices
2, Ashford Grove, Morpeth last changed hands on 22nd August 2023, selling for £980,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 14.9% since August 2023.
- Sold Aug 2023£980,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 2, Ashford Grove, Morpeth across the last 2 years.
Most recently, 5, Ashford Grove, Morpeth, NE61 3FQ, a freehold house, sold at £1,061,834 on the 14th August 2020.
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
Our analysis of the public data ranks 2, Ashford Grove, Morpeth as the 2nd largest and the 2nd most expensive of the 8 addresses on Ashford Grove, Mitford, Morpeth, NE61.
Against the NE61 postcode district average, it is £1.185m more expensive than the typical property.
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Schools Nearby
- 1.2kmMorpeth All Saints Church of England First School
- 1.2kmAbbeyfields First School
- 1.7kmSt Roberts Catholic First School, Morpeth
- 2.0kmThe King Edward VI School
- 8.2kmSt Benet Biscop Catholic Academy
- 9.0kmAshington Academy
More reading links
Public Transport Nearby
Morpeth station is the nearest stop to 2, Ashford Grove, Morpeth at 2.4 kilometres away.
- 2.4kmMorpeth
- 5.0kmPegswood
- 9.5kmAshington
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
