8, Ashford Grove
8, Ashford Grove
Description & Estimates
8, Ashford Grove, Morpeth is recorded publicly as a modern freehold house across 4,434 ft2 of internal area, sitting on a 3,445 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Ashford Grove, Morpeth is £1,480,696 and its rental estimate is £4,924 per month, given the available information and assuming reasonable condition.
Ashford Grove, Mitford, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
8, Ashford Grove, Morpeth has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property 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 8, Ashford Grove, Morpeth, we estimate a market value of £1,554,731 and a rental value of £5,170 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,377,047 and £4,579 per month respectively.
Recent Market Change
Over the last year, 8, Ashford Grove, Morpeth has seen its estimated sale value increase by £3,957 (0.3%) and its estimated rental value grow by £80 per month (1.6%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 8, Ashford Grove, Morpeth as measuring 3,445 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 8 other houses have recorded plot data.
Energy Efficiency
8, Ashford Grove, Morpeth has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 23 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 8, Ashford Grove, Morpeth completed on 12th July 2018 at £350,000 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 4.2% over the period since July 2018.
- Sold Jul 2018£350,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 8, Ashford Grove, Morpeth have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2023, was 2, Ashford Grove, Morpeth, NE61 3FQ, a freehold house which sold for £980,000.
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, 8, Ashford Grove, Morpeth comes out as the largest and the most expensive in our analysis of the public data.
It is also £1.2m more expensive than the average property across the NE61 district.
More reading links
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 8, 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.
