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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Drawback Close, Prudhoe is a mid-century freehold house with 1,410 ft2 of internal area and sits on a 301 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Drawback Close, Prudhoe is £246,431 and the estimated rental value is £1,202 per month.
Drawback Close, Prudhoe, NE42 is located within the NE42 postal district.
1, Drawback Close, Prudhoe has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 1, Drawback Close, Prudhoe is in very good condition we estimate a sale value of £258,752 and a rental value of £1,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,181 and a rental value of £1,117 per month.
Over the last 12 months the sale value of 1 Drawback Close Prudhoe has increased by an estimated £379 (0.2%) and its rental value has increased by an estimated £34 per month (2.8%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 1, Drawback Close, Prudhoe sits on a plot of 301m2.
We have plot size data on 3 out of 8 other houses in the postcode and 1, Drawback Close, Prudhoe sits on the 3rd largest plot.
1, Drawback Close, Prudhoe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Drawback Close, Prudhoe was last sold on 16th August 2023 for £247,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2023, the market for similar properties has dropped 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Drawback Close, Prudhoe within a radius of 780 metres over the last 2 years.
The most recent example is 12, Park Avenue, Prudhoe, NE42 5BA, a freehold house sold by Kirsty Hodgson- Bespoke Estate Agents - EXP for £225,000 on the 8th December 2023.
Read more about house prices in NE42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drawback Close, Prudhoe, NE42 has a total of 8 addresses. According to our analysis of all the public data, 1, Drawback Close, Prudhoe is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in NE42.
The closest station to 1, Drawback Close, Prudhoe is Prudhoe station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 1, Drawback Close, Prudhoe, 62.8% of property is privately owned outright and 32.6% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 1, Drawback Close, Prudhoe, 19.3% of residents are recorded as possessing school level qualifications and 34.9% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Drawback Close, Prudhoe, the average age was 43 and the most common age was 57.
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 1, Drawback Close, Prudhoe, 0.3% 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 1, Drawback Close, Prudhoe, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
