4, Ashford Grove
4, Ashford Grove
Description & Estimates
4, Ashford Grove, Morpeth appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 2,960 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 4, Ashford Grove, Morpeth is £1,207,500 and its rental estimate is £4,015 per month, given the available information and assuming reasonable condition.
Ashford Grove, Mitford, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
4, Ashford Grove, Morpeth has a single entry in the Land Registry from May 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 4, Ashford Grove, Morpeth, we estimate a market value of £1,267,875 and a rental value of £4,216 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,122,975 and £3,734 per month respectively.
Recent Market Change
Over the last year, 4, Ashford Grove, Morpeth has seen its estimated sale value increase by £3,227 (0.3%) and its estimated rental value grow by £66 per month (1.6%). This results in an estimated gross rental yield of 4.0%.
Sold Prices
The most recent sale of 4, Ashford Grove, Morpeth completed on 27th May 2022 at £1,138,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 11.0% over the period since May 2022.
- Sold May 2022£1,138,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Ashford Grove, Morpeth have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 3, Ashford Grove, Morpeth, NE61 3FQ, a freehold house which sold for £1,125,000.
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 8 addresses on Ashford Grove, Mitford, Morpeth, NE61, 4, Ashford Grove, Morpeth comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £927k more expensive than the average property across the NE61 district.
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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
From 4, Ashford Grove, Morpeth, the nearest station is Morpeth, 2.4 kilometres away.
- 2.4kmMorpeth
- 5.0kmPegswood
- 9.5kmAshington
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
