According to the public record, 5, Benlaw Grove, Morpeth is a modern freehold house with 1,033 ft2 of internal area and sits on a 531 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Benlaw Grove, Felton, Morpeth, NE65 is located within the NE65 postal district.
5, Benlaw Grove, Morpeth has 31 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Benlaw Grove Morpeth as £272,861 and the rental value as £1,306 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 5 Benlaw Grove Morpeth has decreased by £612 (0.2%) and its rental value has increased by £70 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 5, Benlaw Grove, Morpeth is in very good condition we estimate a sale value of £286,504 and rental value of £1,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,760 and a rental value of £1,215 per month.
If you were able to purchase this property for the estimated value of £272,861, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,341 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 data from HM Land Registry, 5, Benlaw Grove, Morpeth sits on a plot of 531m2.
We have plot size data on 14 out of 35 other houses in the postcode and 5, Benlaw Grove, Morpeth sits on the 5th largest plot.
According to HM Land Registry, 5, Benlaw Grove, Morpeth was last sold on 16 Sep 2020 for £255,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2020, the market for similar properties has risen 22.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Benlaw Grove, Morpeth within a radius of 5.6 kilometres over the last 2 years.
The most recent example is 13, Bertram Court, Morpeth, NE65 9DW, a Freehold house which sold for £332,500 in Jun 2024.
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, 5, Benlaw Grove, Morpeth is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in NE65.
5, Benlaw Grove, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.