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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Ford Terrace, Riding Mill is £436,967 and the estimated rental value is £1,475 per month.
Ford Terrace, Riding Mill, NE44 is located within the NE44 postal district.
1, Ford Terrace, Riding Mill has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated November 2021.
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, Ford Terrace, Riding Mill is in very good condition we estimate a sale value of £458,816 and a rental value of £1,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,380 and a rental value of £1,372 per month.
Over the last 12 months the sale value of 1 Ford Terrace Riding Mill has decreased by an estimated £364 (0.1%) and its rental value has increased by an estimated £24 per month (1.6%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 1, Ford Terrace, Riding Mill sits on a plot of 161m2.
We have plot size data on 5 out of 5 other houses in the postcode and 1, Ford Terrace, Riding Mill sits on the 4th largest plot.
1, Ford Terrace, Riding Mill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Ford Terrace, Riding Mill was last sold on 26th April 2022 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped 32.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Ford Terrace, Riding Mill within a radius of 4.2 kilometres over the last 2 years.
The most recent example is 13, Station Close, Riding Mill, NE44 6HE, a freehold house which sold for £365,000 on the 14th August 2023.
Read more about house prices in NE44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ford Terrace, Riding Mill, NE44 has a total of 5 addresses. According to our analysis of all the public data, 1, Ford Terrace, Riding Mill is the largest and the most expensive property on the street.
When compared to the postcode district it is £195k more expensive than the average property in NE44.
The closest station to 1, Ford Terrace, Riding Mill is Riding Mill station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Ford Terrace, Riding Mill, % of property is and % is .
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, Ford Terrace, Riding Mill, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Ford Terrace, Riding Mill, 0.0% 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, Ford Terrace, Riding Mill, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.