2 The Grove

    2, THE GROVE, MORPETH, NE61 1HY

    This terraced freehold property on The Grove last sold in November 2011 for £367,000. Based on price growth in the NE61 district since then, its estimated current value is £529,677 — placing it in the 81st percentile nationally and the 90th percentile within NE61. The property covers 202 m² (2,174 sq ft), giving an estimated value of £2,622 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    202 m²

    (2,174 sq ft)

    Last Sale Price

    £367,000

    Nov 2011

    Estimated Valuation

    £529,677

    Est. £/m²

    £2,622/m²

    £244/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area202 m² (2,174 sq ft)
    EPC dateJun 2025
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2011

    £367,000

    30 Jun 2006

    £335,000

    13 Aug 2004

    £277,500

    18 Jun 2002

    £155,000

    Key Metrics

    Estimated valuation£529,677
    Value per m² / sq ft£2,622/m² (£244/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile90th percentile
    National percentile81st percentile

    District Context — NE61

    NE61 covers the area around Morpeth and nearby settlements in central Northumberland, located between Newcastle and the Scottish border. It is a rural and semi-rural district with strong community character and good access to both countryside and urban amenities.

    Average Property Price - NE61

    £293,975

    41

    National percentile

    Average Net Household Income - NE61

    £39,988

    58

    National percentile

    10-Year Annualised Price Growth - NE61

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE61

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