The Granary, Morpeth
The Granary, Morpeth
Description & Estimates
The Granary, Morpeth appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,590 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of The Granary, Morpeth is £556,875 and its rental estimate is £1,803 per month, given the available information and assuming reasonable condition.
Mitford, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
The Granary, Morpeth has 21 entries in the Land Registry , most recently in August 2009 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 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 The Granary, Morpeth, we estimate a market value of £584,718 and a rental value of £1,893 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £517,893 and £1,677 per month respectively.
Recent Market Change
Over the last year, The Granary, Morpeth has seen its estimated sale value increase by £6,107 (1.1%) and its estimated rental value grow by £43 per month (2.4%). This results in an estimated gross rental yield of 3.9%.
Sold Prices
The most recent sale of The Granary, Morpeth completed on 7th August 2009 at £435,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 20.1% over the period since August 2009.
- Sold Aug 2009£435,000
- Sold Jul 2004£475,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Granary, Morpeth have sold within a radius of 5.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th June 2021, was 6 Manor House Dairy, Morpeth, NE61 3UW, a freehold house which sold for £480,000.
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 75 addresses on Mitford, Morpeth, NE61, The Granary, Morpeth comes out as the 36th largest and the 24th most expensive in our analysis of the public data.
It is also £276k more expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 4.5kmWhalton Church of England Aided Primary School
- 4.9kmMorpeth All Saints Church of England First School
- 5.2kmAbbeyfields First School
- 5.8kmThe King Edward VI School
- 11.8kmSt Benet Biscop Catholic Academy
- 13.0kmAshington Academy
More reading links
Public Transport Nearby
From The Granary, Morpeth, the nearest station is Morpeth, 6.3 kilometres away.
- 6.3kmMorpeth
- 8.9kmPegswood
- 13.4kmAshington
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
