3, Alexander Grove
3, Alexander Grove
Description & Estimates
Public records show 3, Alexander Grove, Morpeth to be a modern freehold house with 1,571 ft2 of internal area, sitting on a 803 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Alexander Grove, Morpeth has an estimated sale value of £503,440 and an estimated rental value of £1,598 per month, assuming reasonable condition and based on the information available.
Alexander Grove, Swarland, Morpeth, NE65 lies within the NE65 postal district.
Our Data Sources
3, Alexander Grove, Morpeth has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated August 2021.
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
In very good condition, we estimate 3, Alexander Grove, Morpeth would be worth £528,612, with a potential rental value of £1,678 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £468,199, with a rental value of £1,486 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 3, Alexander Grove, Morpeth has moved up by £5,971 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (2.5%). The property's estimated gross yield is currently 3.8%.
Plot Size
3, Alexander Grove, Morpeth occupies a 803 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
3, Alexander Grove, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Sold Prices
3, Alexander Grove, Morpeth last changed hands on 31st August 2021, selling for £435,000. 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 1.9% since August 2021.
- Sold Aug 2021£435,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.9 kilometres of 3, Alexander Grove, Morpeth across the last 2 years.
Most recently, Lavender House, Old Park Road, Morpeth, NE65 9HJ, a freehold house, sold at £530,000 on the 15th January 2024.
Read more about house prices in NE65.
•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 3, Alexander Grove, Morpeth as the 9th largest and the 9th most expensive of the 11 addresses on Alexander Grove, Swarland, Morpeth, NE65.
Against the NE65 postcode district average, it is £209k more expensive than the typical property.
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Schools Nearby
- 800mSwarland Primary School
- 2.9kmFelton Church of England Primary School
- 6.2kmShilbottle Primary School
- 8.6kmThe Duchess's Community High School
- 8.9kmJames Calvert Spence College
- 16.7kmThe King Edward VI School
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Public Transport Nearby
Acklington station is the nearest stop to 3, Alexander Grove, Morpeth at 5.6 kilometres away.
- 5.6kmAcklington
- 9.9kmAlnmouth
- 11.8kmWiddrington
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
