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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, Gloucester Close, Corbridge is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,141 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Gloucester Close, Corbridge is £397,219 and the estimated rental value is £1,787 per month.
Gloucester Close, Roman Heights, Corbridge, NE45 is located within the NE45 postal district.
1, Gloucester Close, Corbridge has a single entry in the Land Registry from July 2022 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 4 out of 5 and is considered of high 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, Gloucester Close, Corbridge is in very good condition we estimate a sale value of £417,080 and a rental value of £1,876 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,414 and a rental value of £1,662 per month.
Over the last 12 months the sale value of 1 Gloucester Close Corbridge has increased by an estimated £19,975 (5.0%) and its rental value has increased by an estimated £79 per month (4.4%), giving an expected gross yield of 5.4%.
According to HM Land Registry, 1, Gloucester Close, Corbridge was last sold on 29th July 2022 for £329,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Gloucester Close, Corbridge within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 2, Gloucester Close, Corbridge, NE45 5SG, a freehold house sold by Kirsty Hodgson- Bespoke Estate Agents - EXP for £350,000 on the 22nd November 2024.
Read more about house prices in NE45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Close, Roman Heights, Corbridge, NE45 has a total of 10 addresses. According to our analysis of all the public data, 1, Gloucester Close, Corbridge is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in NE45.
The closest station to 1, Gloucester Close, Corbridge is Corbridge station which is 1.8 kilometres away.
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, Gloucester Close, Corbridge, % 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, Gloucester Close, Corbridge, 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, Gloucester Close, Corbridge, 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, Gloucester Close, Corbridge, 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.
