4, Chester Meadows
4, Chester Meadows
Description & Estimates
4, Chester Meadows, Morpeth appears in the public record as a freehold house sitting on a 444 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,428 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 4, Chester Meadows, Morpeth is £292,796 and its rental estimate is £1,405 per month, given the available information and assuming reasonable condition.
Chester Meadows, North Broomhill, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
4, Chester Meadows, Morpeth has 3 entries in the Land Registry , most recently in May 2012 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, Chester Meadows, Morpeth, we estimate a market value of £307,435 and a rental value of £1,475 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £272,300 and £1,307 per month respectively.
Recent Market Change
Over the last year, 4, Chester Meadows, Morpeth has seen its estimated sale value climb by £3,473 (1.2%) and its estimated rental value rise by £35 per month (2.5%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 4, Chester Meadows, Morpeth as measuring 444 m2.
That makes it the 2nd largest plot in the postcode, where 3 of the 4 other houses have recorded plot data.
Sold Prices
The most recent sale of 4, Chester Meadows, Morpeth completed on 11th May 2012 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 22.2% over the period since May 2012.
- Sold May 2012£245,000
- Sold Apr 2010£247,500
- Sold May 2007£249,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Chester Meadows, Morpeth have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th November 2018, was 2, Manor Grange, Morpeth, NE65 9YP, a freehold house which sold for £190,000.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Chester Meadows, North Broomhill, Morpeth, NE65, 4, Chester Meadows, Morpeth comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £1k less expensive than the average property across the NE65 district.
More reading links
Schools Nearby
- 400mBroomhill Primary School
- 2.6kmRed Row Primary School
- 2.9kmKing Edwin Primary School
- 2.6kmJames Calvert Spence College
- 11.3kmThe Duchess's Community High School
- 14.7kmAshington Academy
More reading links
Public Transport Nearby
From 4, Chester Meadows, Morpeth, the nearest station is Acklington, 2.3 kilometres away.
- 2.3kmAcklington
- 7.4kmWiddrington
- 9.5kmAlnmouth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
