Edgehill Rise, Morpeth
Edgehill Rise, Morpeth
Description & Estimates
The public record lists Edgehill Rise, Morpeth as a freehold house sitting on a 1,323 m2 plot.
Comparison with its neighbours suggests a modern house with 1,519 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Edgehill Rise, Morpeth has an estimated sale value of £398,594 and an estimated rental value of £1,898 per month, assuming reasonable condition and based on the information available.
The Willows, Red Row, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
Edgehill Rise, Morpeth has 21 entries in the Land Registry , most recently in February 2011 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
In very good condition, we estimate Edgehill Rise, Morpeth would be worth £418,524, with a potential rental value of £1,993 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £370,693, with a rental value of £1,765 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 Edgehill Rise, Morpeth has moved up by £4,371 (1.1%) over the last year. During the same period, its estimated monthly rental value has increased by £46 (2.4%). The property's estimated gross yield is currently 5.7%.
Plot Size
Edgehill Rise, Morpeth occupies a 1,323 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
Edgehill Rise, Morpeth last changed hands on 25th February 2011, selling for £275,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 118.6% since February 2011.
- Sold Feb 2011£275,000
- Sold Nov 2004£239,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.1 kilometres of Edgehill Rise, Morpeth across the last 2 years.
Most recently, 4, The Willows, Morpeth, NE61 5AX, a freehold house, sold at £315,000 on the 24th September 2021.
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 Edgehill Rise, Morpeth as the 5th largest and the 4th most expensive of the 7 addresses on The Willows, Red Row, Morpeth, NE61.
Against the NE61 postcode district average, it is £118k more expensive than the typical property.
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Schools Nearby
- 100mRed Row Primary School
- 2.4kmBroomhill Primary School
- 5.0kmKing Edwin Primary School
- 4.7kmJames Calvert Spence College
- 12.0kmAshington Academy
- 12.6kmNCEA Duke's Secondary School
More reading links
Public Transport Nearby
Acklington station is the nearest stop to Edgehill Rise, Morpeth at 4.1 kilometres away.
- 4.1kmAcklington
- 5.0kmWiddrington
- 11.5kmAshington
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
