According to the public record, 16, Benlaw Grove, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,200 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Benlaw Grove, Felton, Morpeth, NE65 is located within the NE65 postal district.
16, Benlaw Grove, Morpeth has 21 entries in the Land Registry database, most recently in December 2015 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Benlaw Grove Morpeth as £293,304 and the rental value as £1,323 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 16 Benlaw Grove Morpeth has decreased by £658 (0.2%) and its rental value has increased by £71 per month (5.4%).
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 16, Benlaw Grove, Morpeth is in very good condition we estimate a sale value of £307,969 and rental value of £1,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,772 and a rental value of £1,230 per month.
If you were able to purchase this property for the estimated value of £293,304, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,441 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 16, Benlaw Grove, Morpeth was last sold on 03 Dec 2015 for £202,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 42.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Benlaw Grove, Morpeth within a radius of 5.7 kilometres over the last 2 years.
The most recent example is 15, Rochester Drive, Morpeth, NE65 9DS, a Freehold house which sold for £272,500 in Jan 2021.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Benlaw Grove, Felton, Morpeth, NE65 has a total of 35 addresses. According to our analysis of all the public data, 16, Benlaw Grove, Morpeth is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in NE65.
The closest station to 16, Benlaw Grove, Morpeth is Acklington station which is 3.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Benlaw Grove, Morpeth, 53.4% of property is privately owned outright and 32.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 16, Benlaw Grove, Morpeth, 9.1% of residents are recorded as possessing school level qualifications and 41.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Benlaw Grove, Morpeth, the average age was 48 and the most common age was 62.
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 16, Benlaw Grove, Morpeth, 1.3% 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 16, Benlaw Grove, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.