According to the public record, 7, Elder Grove, Alnwick is a modern freehold house with 1,883 ft2 of internal area and sits on a 428 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Elder Grove, Longhoughton, Alnwick, NE66 is located within the NE66 postal district.
7, Elder Grove, Alnwick has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated August 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 good condition, we estimate the current sale value for 7 Elder Grove Alnwick as £459,354 and the rental value as £1,590 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 7 Elder Grove Alnwick has decreased by £9,810 (2.1%) and its rental value has increased by £55 per month (3.4%).
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 7, Elder Grove, Alnwick is in very good condition we estimate a sale value of £482,321 and rental value of £1,669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,199 and a rental value of £1,478 per month.
If you were able to purchase this property for the estimated value of £459,354, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,258 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, 7, Elder Grove, Alnwick sits on a plot of 428m2.
We have plot size data on 5 out of 5 other houses in the postcode and 7, Elder Grove, Alnwick sits on the 3rd largest plot.
According to HM Land Registry, 7, Elder Grove, Alnwick was last sold on 04 Sep 2020 for £399,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Elder Grove, Alnwick within a radius of 4.7 kilometres over the last 2 years.
The most recent example is 8, Harper Crescent, Alnwick, NE66 3FD, a Freehold house which sold for £450,000 in Oct 2023.
Read more about house prices in NE66.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Grove, Longhoughton, Alnwick, NE66 has a total of 5 addresses. According to our analysis of all the public data, 7, Elder Grove, Alnwick is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £176k more expensive than the average property in NE66.
7, Elder Grove, Alnwick has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7, Elder Grove, Alnwick is Alnmouth station which is 4.2 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 7, Elder Grove, Alnwick, 49.4% of property is privately rented and 28.7% is privately owned outright.
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 7, Elder Grove, Alnwick, 11.0% of residents are recorded as possessing school level qualifications and 37.0% 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 7, Elder Grove, Alnwick, the average age was 49 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 7, Elder Grove, Alnwick, 0.0% 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 7, Elder Grove, Alnwick, 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.