3, Elden Grove
3, Elden Grove
Description & Estimates
Public records show 3, Elden Grove, Morpeth to be a modern freehold house with 947 ft2 of internal area, sitting on a 209 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Elden Grove, Morpeth has an estimated sale value of £302,140 and an estimated rental value of £1,510 per month, assuming reasonable condition and based on the information available.
Elden Grove, St. Mary Park, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
3, Elden Grove, Morpeth has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Elden Grove, Morpeth would be worth £317,247, with a potential rental value of £1,586 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £280,990, with a rental value of £1,405 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, Elden Grove, Morpeth has grown by £10,696 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £76 (5.0%). The property's estimated gross yield is currently 6.0%.
Plot Size
3, Elden Grove, Morpeth occupies a 209 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
3, Elden Grove, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Elden Grove, Morpeth last changed hands on 23rd February 2018, selling for £232,995. 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 risen by 8.7% since February 2018.
- Sold Feb 2018£232,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.9 kilometres of 3, Elden Grove, Morpeth across the last 2 years.
Most recently, 5, Halidon Lane, Morpeth, NE61 6FF, a freehold house, sold at £310,000 on the 12th December 2024.
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 3, Elden Grove, Morpeth as the 9th largest and the 9th most expensive of the 23 addresses on Elden Grove, St. Mary Park, Morpeth, NE61.
Against the NE61 postcode district average, it is £21k more expensive than the typical property.
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Schools Nearby
- 3.3kmStannington First School
- 3.8kmMorpeth First School
- 4.5kmAbbeyfields First School
- 5.7kmThe King Edward VI School
- 7.2kmSt Benet Biscop Catholic Academy
- 9.3kmPonteland High School
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Public Transport Nearby
Morpeth station is the nearest stop to 3, Elden Grove, Morpeth at 4.7 kilometres away.
- 4.7kmMorpeth
- 7.4kmPegswood
- 8.6kmCramlington
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
