According to the public record, The Grange House is a period house with 3,552 ft2 of internal area and sits on a 6,534 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Morpeth, NE61 is located within the NE61 postal district.
The Grange House has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2024.
We combine this information with public data 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 The Grange House as £650,523 and the rental value as £2,003 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of The Grange House has decreased by £12,703 (2.0%) and its rental value has increased by £93 per month (4.6%).
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 The Grange House is in very good condition we estimate a sale value of £683,050 and rental value of £2,103 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £604,987 and a rental value of £1,863 per month.
If you were able to purchase this property for the estimated value of £650,523, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,197 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, The Grange House sits on a plot of 6534m2.
We have plot size data on 5 out of 6 other houses in the postcode and The Grange House sits on the 2nd largest plot.
According to HM Land Registry, The Grange House was last sold on 29 Jul 2004 for £595,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to The Grange House within a radius of 850 metres over the last 2 years.
The most recent example is Grange Mews, Morpeth, NE61 6JZ, a Freehold house which sold for £455,000 in Sep 2013.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morpeth, NE61 has a total of 258 addresses. According to our analysis of all the public data, The Grange House is the 15th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £392k more expensive than the average property in NE61.
The Grange House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to The Grange House is Morpeth station which is 1.1 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 The Grange House, 61.3% of property is privately owned outright and 32.1% 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 The Grange House, 20.3% of residents are recorded as possessing school level qualifications and 50.3% 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 The Grange House, the average age was 47.5 and the most common age was 72.
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 The Grange House, 0.8% 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 The Grange House, 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.