According to the public record, 2A, Alexander Grove, Morpeth is a modern freehold house with 2,185 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Alexander Grove, Swarland, Morpeth, NE65 is located within the NE65 postal district.
2A, Alexander Grove, Morpeth has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated February 2022.
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 2A Alexander Grove Morpeth as £569,663 and the rental value as £1,785 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 2A Alexander Grove Morpeth has decreased by £11,022 (1.9%) and its rental value has increased by £64 per month (3.6%).
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 2A, Alexander Grove, Morpeth is in very good condition we estimate a sale value of £598,146 and rental value of £1,874 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £529,787 and a rental value of £1,660 per month.
If you were able to purchase this property for the estimated value of £569,663, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,800 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, 2A, Alexander Grove, Morpeth was last sold on 18 Mar 2022 for £585,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Alexander Grove, Morpeth within a radius of 5.1 kilometres over the last 2 years.
The most recent example is Lily House, Old Park Road, Morpeth, NE65 9HJ, a Freehold house which sold for £675,000 in Mar 2024.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexander Grove, Swarland, Morpeth, NE65 has a total of 11 addresses. According to our analysis of all the public data, 2A, Alexander Grove, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £294k more expensive than the average property in NE65.
2A, Alexander Grove, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using an LPG fired boiler and radiators.
The closest station to 2A, Alexander Grove, Morpeth is Acklington station which is 5.6 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 2A, Alexander Grove, Morpeth, 66.7% of property is privately owned outright and 30.7% 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 2A, Alexander Grove, Morpeth, 10.1% of residents are recorded as possessing school level qualifications and 48.6% 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 2A, Alexander 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 2A, Alexander Grove, Morpeth, 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 2A, Alexander Grove, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.