4, Cheltenham Grove
4, Cheltenham Grove
Description & Estimates
The public record lists 4, Cheltenham Grove, Morpeth as a freehold house sitting on a 444 m2 plot.
Comparison with its neighbours suggests a modern house with 1,789 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
4, Cheltenham Grove, Morpeth has an estimated sale value of £442,709 and an estimated rental value of £1,768 per month, assuming reasonable condition and based on the information available.
Cheltenham Grove, Stannington, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
4, Cheltenham Grove, Morpeth has a single entry in the Land Registry from February 2021 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 4, Cheltenham Grove, Morpeth would be worth £464,844, with a potential rental value of £1,856 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £411,719, with a rental value of £1,644 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 4, Cheltenham Grove, Morpeth has risen by £4,855 (1.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £43 (2.4%). The property's estimated gross yield is currently 4.8%.
Plot Size
4, Cheltenham Grove, Morpeth occupies a 444 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
4, Cheltenham Grove, Morpeth last changed hands on 19th February 2021, selling for £345,500. 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 2.2% since February 2021.
- Sold Feb 2021£345,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.1 kilometres of 4, Cheltenham Grove, Morpeth across the last 2 years.
Most recently, 5, Willow Drive, Morpeth, NE61 6FQ, a freehold house, sold at £420,000 on the 26th February 2026.
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 4, Cheltenham Grove, Morpeth as the 2nd largest and the 2nd most expensive of the 4 addresses on Cheltenham Grove, Stannington, Morpeth, NE61.
Against the NE61 postcode district average, it is £162k more expensive than the typical property.
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Schools Nearby
- 2.2kmStannington First School
- 3.4kmMeadowdale Academy
- 3.4kmMorpeth First School
- 3.5kmSt Benet Biscop Catholic Academy
- 5.6kmThe King Edward VI School
- 6.2kmBedlington Academy
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Public Transport Nearby
Morpeth station is the nearest stop to 4, Cheltenham Grove, Morpeth at 4.1 kilometres away.
- 4.1kmMorpeth
- 5.6kmPegswood
- 5.9kmBedlington
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
