1, Cleasewell Terrace
1, Cleasewell Terrace
Description & Estimates
1, Cleasewell Terrace, Choppington appears in the public record as a leasehold house sitting on a 127 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,238 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 1, Cleasewell Terrace, Choppington is £90,810 and its rental estimate is £562 per month, given the available information and assuming reasonable condition.
Cleasewell Terrace, Choppington, NE62 falls within the NE62 postal district.
Our Data Sources
1, Cleasewell Terrace, Choppington has 21 entries in the Land Registry , most recently in April 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Cleasewell Terrace, Choppington, we estimate a market value of £95,350 and a rental value of £590 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £84,453 and £523 per month respectively.
Recent Market Change
Over the last year, 1, Cleasewell Terrace, Choppington has seen its estimated sale value increase by £760 (0.8%) and its estimated rental value grow by £16 per month (2.8%). This results in an estimated gross rental yield of 7.4%.
Plot Size
HM Land Registry records the plot of land for 1, Cleasewell Terrace, Choppington as measuring 127 m2.
That makes it the largest plot in the postcode, where 9 of the 12 other houses have recorded plot data.
Sold Prices
The most recent sale of 1, Cleasewell Terrace, Choppington completed on 11th April 2011 at £125,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 66.6% over the period since April 2011.
- Sold Apr 2011£125,000
- Sold Aug 2004£75,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 1, Cleasewell Terrace, Choppington have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2016, was 3, Gordon Terrace, Choppington, NE62 5UE, a freehold house which sold for £75,000.
Read more about house prices in NE62.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Cleasewell Terrace, Choppington, NE62, 1, Cleasewell Terrace, Choppington comes out as the largest and the 9th most expensive in our analysis of the public data.
It is also £65k less expensive than the average property across the NE62 district.
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Schools Nearby
- 600mMowbray Primary School
- 600mStakeford Primary School
- 700mRingway Primary School
- 1.7kmAshington Academy
- 2.9kmNCEA Duke's Secondary School
- 3.1kmBedlington Academy
More reading links
Public Transport Nearby
From 1, Cleasewell Terrace, Choppington, the nearest station is Ashington, 2.4 kilometres away.
- 2.4kmAshington
- 2.7kmBedlington
- 4.1kmPegswood
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
