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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 78, Grange Road, Morpeth is £308,126 and the estimated rental value is £1,499 per month.
Grange Road, Morpeth, NE61 is located within the NE61 postal district.
78, Grange Road, Morpeth has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated June 2018.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 78, Grange Road, Morpeth is in very good condition we estimate a sale value of £323,533 and a rental value of £1,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,558 and a rental value of £1,394 per month.
Over the last 12 months the sale value of 78 Grange Road Morpeth has increased by an estimated £12,058 (3.9%) and its rental value has increased by an estimated £74 per month (4.9%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 78, Grange Road, Morpeth sits on a plot of 418m2.
We have plot size data on 6 out of 8 other houses in the postcode and 78, Grange Road, Morpeth sits on the 2nd largest plot.
78, Grange Road, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 78, Grange Road, Morpeth was last sold on 26th October 2018 for £191,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Grange Road, Morpeth within a radius of 630 metres over the last 2 years.
The most recent example is 24, Eden Grove, Morpeth, NE61 2UW, a freehold house sold by Kathryn Kent Residential Limited for £272,000 on the 31st October 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Road, Morpeth, NE61 has a total of 77 addresses. According to our analysis of all the public data, 78, Grange Road, Morpeth is the 40th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in NE61.
The closest station to 78, Grange Road, Morpeth is Morpeth station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 78, Grange Road, Morpeth, 60.2% of property is privately owned outright and 34.8% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 78, Grange Road, Morpeth, 15.0% of residents are recorded as possessing school level qualifications and 44.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 78, Grange Road, Morpeth, the average age was 47.5 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 78, Grange Road, Morpeth, 2.2% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 78, Grange Road, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.