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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Corchester Towers, Corbridge is £483,336 and the estimated rental value is £1,957 per month.
The apartment is within 2, Corbridge, NE45.
Corbridge, NE45 is located within the NE45 postal district.
2 Corchester Towers, Corbridge has 41 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated March 2017.
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 2 Corchester Towers, Corbridge is in very good condition we estimate a sale value of £507,503 and a rental value of £2,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,503 and a rental value of £1,820 per month.
Over the last 12 months the sale value of 2 Corchester Towers Corbridge has increased by an estimated £13,967 (2.9%) and its rental value has increased by an estimated £59 per month (3.0%), giving an expected gross yield of 4.9%.
2 Corchester Towers, Corbridge has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Mar 2017.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Corchester Towers, Corbridge was last sold on 20th July 2017 for £575,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2017, the market for similar properties has dropped 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.4 kilometres radius of 2 Corchester Towers, Corbridge over the last 2 years.
The most recent example is 17, Priory Gardens, Corbridge, NE45 5HZ, a freehold house which sold for £425,000 on the 27th March 2019.
Read more about house prices in NE45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corbridge, NE45 has a total of 252 addresses. According to our analysis of all the public data, 2 Corchester Towers, Corbridge is the 24th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in NE45.
The closest station to 2 Corchester Towers, Corbridge is Corbridge station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 2 Corchester Towers, 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 2 Corchester Towers, 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 2 Corchester Towers, 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 2 Corchester Towers, 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.