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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 Mill View is a period freehold house with 1,205 ft2 of internal area and sits on a 623 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 Mill View is £309,196 and the estimated rental value is £1,092 per month.
Riding Mill, NE44 is located within the NE44 postal district.
1 Mill View has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Mill View is in very good condition we estimate a sale value of £324,655 and a rental value of £1,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,552 and a rental value of £1,015 per month.
Over the last 12 months the sale value of 1 Mill View has decreased by an estimated £16 (0.0%) and its rental value has increased by an estimated £27 per month (2.4%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 1 Mill View sits on a plot of 623m2.
We have plot size data on 3 out of 6 other houses in the postcode and 1 Mill View sits on the largest plot.
1 Mill View has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Dec 2019.
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 Mill View was last sold on 31st July 2020 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has dropped 32.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Mill View within a radius of 4.3 kilometres over the last 2 years.
The most recent example is Broomhaugh Farm Cottage, Riding Mill, NE44 6EG, a freehold house which sold for £305,000 on the 24th March 2022.
Read more about house prices in NE44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riding Mill, NE44 has a total of 135 addresses. According to our analysis of all the public data, 1 Mill View is the 91st largest and the 77th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in NE44.
The closest station to 1 Mill View is Riding Mill station which is 200 metres 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 Mill View, % 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 Mill View, 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 Mill View, 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 Mill View, 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.
