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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
2, Blackett Cottages, Wylam is described in the public record as a mid-century house with 466 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Blackett Cottages, Wylam is £108,887 and its rental estimate is £689 per month, given the available information and assuming reasonable condition.
Blackett Cottages, Wylam, NE41 falls within the NE41 postal district.
2, Blackett Cottages, Wylam has no records in the the Land Registry and a single entry in the EPC database dated April 2009.
We combine this information with public data 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.
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 2, Blackett Cottages, Wylam, we estimate a market value of £114,331 and a rental value of £723 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £101,265 and £641 per month respectively.
Over the last year, 2, Blackett Cottages, Wylam has seen its estimated sale value grow by £2,701 (2.5%) and its estimated rental value climb by £30 per month (4.4%). This results in an estimated gross rental yield of 7.6%.
2, Blackett Cottages, Wylam has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 1.9 kilometres of 2, Blackett Cottages, Wylam, per the Land Registry and our network of Estate Agents.
The latest, on the 7th July 2022, was Stone Cutters, Church Road, Wylam, NE41 8AP, a freehold house which sold for £812,000.
Read more about house prices in NE41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Blackett Cottages, Wylam, NE41, 2, Blackett Cottages, Wylam comes out as the 6th largest and the 9th most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the NE41 district.
From 2, Blackett Cottages, Wylam, the nearest station is Wylam, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Blackett Cottages, Wylam, 40.7% of property is privately owned outright and 32.1% 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 2, Blackett Cottages, Wylam, 15.1% of residents are recorded as possessing school level qualifications and 53.8% 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 2, Blackett Cottages, Wylam, the average age was 47 and the most common age was 52.
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 2, Blackett Cottages, Wylam, 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 2, Blackett Cottages, Wylam, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
