8, Alexander Grove
8, Alexander Grove
Description & Estimates
8, Alexander Grove, Morpeth is recorded publicly as a modern freehold house across 2,185 ft2 of internal area, sitting on a 1,283 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Alexander Grove, Morpeth is £676,324 and its rental estimate is £1,991 per month, given the available information and assuming reasonable condition.
Alexander Grove, Swarland, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
8, Alexander Grove, Morpeth has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Alexander Grove, Morpeth, we estimate a market value of £710,140 and a rental value of £2,091 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £628,981 and £1,852 per month respectively.
Recent Market Change
Over the last year, 8, Alexander Grove, Morpeth has seen its estimated sale value decline by £417 (0.1%) and its estimated rental value climb by £28 per month (1.4%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 8, Alexander Grove, Morpeth as measuring 1,283 m2.
That makes it the 2nd largest plot in the postcode, where 8 of the 11 other houses have recorded plot data.
Energy Efficiency
8, Alexander Grove, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Sold Prices
The most recent sale of 8, Alexander Grove, Morpeth completed on 27th August 2021 at £585,000 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 risen by 13.3% over the period since August 2021.
- Sold Aug 2021£585,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Alexander Grove, Morpeth have sold within a radius of 4.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2024, was Lily House, Old Park Road, Morpeth, NE65 9HJ, a freehold house which sold for £675,000.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Alexander Grove, Swarland, Morpeth, NE65, 8, Alexander Grove, Morpeth comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £382k more expensive than the average property across the NE65 district.
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Schools Nearby
- 800mSwarland Primary School
- 2.9kmFelton Church of England Primary School
- 6.2kmShilbottle Primary School
- 8.6kmThe Duchess's Community High School
- 8.9kmJames Calvert Spence College
- 16.7kmThe King Edward VI School
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Public Transport Nearby
From 8, Alexander Grove, Morpeth, the nearest station is Acklington, 5.6 kilometres away.
- 5.6kmAcklington
- 9.9kmAlnmouth
- 11.8kmWiddrington
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
