2, Crofts Park
2, Crofts Park
Description & Estimates
2, Crofts Park, Morpeth is recorded publicly as a mid-century freehold house across 2,852 ft2 of internal area, sitting on a 1,913 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Crofts Park, Morpeth is £626,550 and its rental estimate is £2,470 per month, given the available information and assuming reasonable condition.
Crofts Park, Hepscott, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
2, Crofts Park, Morpeth has 2 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated April 2017.
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
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 2, Crofts Park, Morpeth, we estimate a market value of £657,877 and a rental value of £2,593 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £582,691 and £2,297 per month respectively.
Recent Market Change
Over the last year, 2, Crofts Park, Morpeth has seen its estimated sale value climb by £1,674 (0.3%) and its estimated rental value rise by £40 per month (1.6%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 2, Crofts Park, Morpeth as measuring 1,913 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 16 other houses have recorded plot data.
Energy Efficiency
2, Crofts Park, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Crofts Park, Morpeth completed on 8th August 2019 at £495,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 3.1% over the period since August 2019.
- Sold Aug 2019£495,000
- Sold Jul 2008£390,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Crofts Park, Morpeth have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd July 2022, was 12, Field House Close, Morpeth, NE61 6LU, a freehold house which sold for £895,000.
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 16 addresses on Crofts Park, Hepscott, Morpeth, NE61, 2, Crofts Park, Morpeth comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £346k more expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 1.6kmMorpeth Stobhillgate First School
- 2.1kmMorpeth First School
- 3.1kmSt Roberts Catholic First School, Morpeth
- 3.6kmThe King Edward VI School
- 3.7kmSt Benet Biscop Catholic Academy
- 5.6kmAshington Academy
More reading links
Public Transport Nearby
From 2, Crofts Park, Morpeth, the nearest station is Morpeth, 2.3 kilometres away.
- 2.3kmMorpeth
- 3.0kmPegswood
- 5.5kmBedlington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
