Palmerston Avenue, Morpeth, NE61 2GF
LI

Palmerston Avenue, Morpeth, NE61 2GF

By Linden Homes North East

£ 424,995

Reviews

4 out of 5 stars

Linden Homes North East says ..

The Grainger is a detached home featuring four generously sized bedroom and great living spaces. A large bright living room lies at the front of the home and a fantastic open plan kitchen, dining and family room provides access into the garden at the rear. Upstairs, the generou...

Property Oracle says ..

The property is located in Morpeth, Northumberland, a desirable area in the North East of England. Based on the provided data, the average house price in the area is significantly higher than the list price of this property. The property is a four-bedroom house with a total area of 775 sqft. While the average house size in the area is larger (1288 sqft), the list price is considerably lower than the average price of £549,545. The average price per sqft in the area is £426, however, the provided data does not give the price per sqft for this property.

The property appears to be in excellent condition based on the provided photographs. The interior is modern, well-maintained, and finished to a high standard. There is evidence of a garden visible from the rear windows, though the plot size is listed as 0.00 sqft. This may require further clarification.

Nearby listings show a range of prices and property types. Some properties are similarly priced, while others are more expensive. The proximity to Morpeth train station and several schools with varying Ofsted ratings should be considered. The provided information on nearby streets shows a variation in average house prices, suggesting a range of property values within the immediate vicinity.

Considering the condition, the relatively lower price point compared to the average house price in the area, and the apparent presence of a garden (despite the 0.00 sqft plot size listing), this property could represent good value for money, especially in comparison to similar properties in the area. However, the lack of plot size information and the discrepancy between the property’s size and the average size for the area require further investigation to provide a more comprehensive analysis.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
10
Location
8
Land
7
Bedrooms
4
Bathrooms
0
Sqft (est)
775.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
625,000.00 £
Increased by 9.15 %
from 572,608.00 £
Est sale value
513,050.00 £
Increased by 24.67 %
from 411,525.00 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est letting value
775.00 £/mo
Unchanged by 0.00 %
from 775.00 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Linden Homes North East created the listing.

Nearby Schools

NameTypeOfstedDistance
The King Edward Vi AcademyAcademy ConverterOutstanding1.21 KM
Morpeth Chantry Middle SchoolAcademy ConverterRequires improvement1.98 KM
Morpeth Stobhillgate First SchoolAcademy Converter1.98 KM
Morpeth Children'S CentreChildren's Centre Linked Site1.99 KM
Collingwood School & Media Arts CollegeCommunity Special SchoolGood2.05 KM

Images

The_Grainger Grainger_VINE-BRKN-21-0004 Grainger_VINE-BRKN-21-0003 Grainger_VINE-BRKN-21-0005 Grainger_VINE-BRKN-21-0008 Grainger_VINE-BRKN-21-0013 Grainger_VINE-BRKN-21-0012 Grainger_VINE-BRKN-21-0016 Grainger_VINE-BRKN-21-0020 Grainger_VINE-BRKN-21-0022 Grainger_VINE-BRKN-21-0019

Nearby Streets

NameAverage PriceAverage SqftDistance
Ingram Way £ 330,00000.00 KM
Elsdon Place £ 000.00 KM
Hood Street £ 290,00000.00 KM
Morpeth East Footbridge £ 000.00 KM
The Grove £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Morpeth7680MPT1.43 KM
Pegswood7685PEG4.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Palmerston Avenue, Morpeth, NE61 2GF £ 424,995BUY8 / 100.00 KM
Palmerston Avenue, Morpeth, NE61 2GF £ 294,995BUY7 / 100.00 KM
Palmerston Avenue, Morpeth, NE61 2GF £ 339,995BUY7 / 100.00 KM
Palmerston Avenue, Morpeth, NE61 2GF £ 434,995BUY7 / 100.00 KM
Palmerston Avenue, Morpeth, NE61 2GF £ 454,995BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
12 Thorp Avenue £ 356,0000.50 KM
16 Thorp Avenue £ 540,0000.50 KM
20 Thorp Avenue £ 650,0000.50 KM
30 Thorp Avenue £ 365,0000.50 KM
21 Thorp Avenue £ 427,5000.50 KM