3, Northcroft Grove
3, Northcroft Grove
Description & Estimates
Public records show 3, Northcroft Grove, Morpeth to be a modern freehold house with 1,528 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Northcroft Grove, Morpeth has an estimated sale value of £559,576 and an estimated rental value of £1,812 per month, assuming reasonable condition and based on the information available.
Northcroft Grove, Stannington, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
3, Northcroft Grove, Morpeth has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated October 2023.
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, Northcroft Grove, Morpeth would be worth £587,555, with a potential rental value of £1,902 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £520,405, with a rental value of £1,685 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, Northcroft Grove, Morpeth has increased by £6,137 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £44 (2.4%). The property's estimated gross yield is currently 3.9%.
Energy Efficiency
3, Northcroft Grove, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Oct 2023.
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
3, Northcroft Grove, Morpeth last changed hands on 6th October 2023, selling for £550,000. 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 14.4% since October 2023.
- Sold Oct 2023£550,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.0 kilometres of 3, Northcroft Grove, Morpeth across the last 2 years.
Most recently, 1, Northcroft Grove, Morpeth, NE61 6GW, a freehold house, sold at £557,000 on the 21st June 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Northcroft Grove, Morpeth as the largest and the 2nd most expensive of the 2 addresses on Northcroft Grove, Stannington, Morpeth, NE61.
Against the NE61 postcode district average, it is £279k more expensive than the typical property.
More reading links
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
Morpeth station is the nearest stop to 3, Northcroft Grove, Morpeth at 4.0 kilometres away.
- 4.0kmMorpeth
- 5.5kmPegswood
- 5.9kmBedlington
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
