11, Market Place
11, Market Place
Description & Estimates
11, Market Place, Corbridge is recorded publicly as a period leasehold apartment across 1,119 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 11, Market Place, Corbridge is £532,199 and its rental estimate is £1,711 per month, given the available information and assuming reasonable condition.
Market Place, Corbridge, NE45 falls within the NE45 postal district.
Our Data Sources
11, Market Place, Corbridge has 21 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated January 2020.
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.
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 11, Market Place, Corbridge, we estimate a market value of £558,809 and a rental value of £1,796 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £494,945 and £1,591 per month respectively.
Recent Market Change
Over the last year, 11, Market Place, Corbridge has seen its estimated sale value rise by £22,334 (4.2%) and its estimated rental value move up by £46 per month (2.7%). This results in an estimated gross rental yield of 3.9%.
Energy Efficiency
11, Market Place, Corbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11, Market Place, Corbridge completed on 14th December 2021 at £482,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 50.0% over the period since December 2021.
- Sold Dec 2021£482,500
- Sold Feb 1998£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Market Place, Corbridge have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2024, was 11 Princes Court, Princes Street, Corbridge, NE45 5BZ, a leasehold flat which sold for £550,000.
Read more about house prices in NE45.
- Sold Jun 2024£550,000 | 3 Bed Flat11 Princes Court, Princes Street, Corbridge, NE45 5BZ11 Princes Court, Princes Street, Corbridge, NE45 5BZ
- Sold Jun 2022£525,000 | 3 Bed Flat5 Princes Court, Princes Street, Corbridge, NE45 5BZ5 Princes Court, Princes Street, Corbridge, NE45 5BZ
- Sold Aug 2021£465,000 | 3 Bed Flat1 Princes Court, Princes Street, Corbridge, NE45 5BZ1 Princes Court, Princes Street, Corbridge, NE45 5BZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on Market Place, Corbridge, NE45, 11, Market Place, Corbridge comes out as the 10th largest and the 2nd most expensive in our analysis of the public data.
It is also £167k more expensive than the average property across the NE45 district.
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Schools Nearby
- 700mCorbridge (VA) Church of England First School
- 3.6kmBeaufront First School
- 4.3kmBroomhaugh (VA) Church of England First School
- 6.2kmQueen Elizabeth High School
- 11.0kmPrudhoe Community High School
- 14.8kmHaydon Bridge High School
More reading links
Public Transport Nearby
From 11, Market Place, Corbridge, the nearest station is Corbridge, 800 metres away.
- 800mCorbridge
- 4.2kmRiding Mill
- 4.8kmHexham
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.
