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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
According to the public record, 2, Denecroft, Wylam is a modern freehold house with 1,636 ft2 of internal area and sits on a 626 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 2, Denecroft, Wylam is £629,384 and the estimated rental value is £2,339 per month.
Denecroft, Wylam, NE41 is located within the NE41 postal district.
2, Denecroft, Wylam has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that 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.
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, Denecroft, Wylam is in very good condition we estimate a sale value of £660,853 and a rental value of £2,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,327 and a rental value of £2,175 per month.
Over the last 12 months the sale value of 2 Denecroft Wylam has increased by an estimated £968 (0.2%) and its rental value has increased by an estimated £66 per month (2.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Denecroft, Wylam sits on a plot of 626m2.
We have plot size data on 11 out of 12 other houses in the postcode and 2, Denecroft, Wylam sits on the 3rd largest plot.
2, Denecroft, Wylam has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2022.
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, 2, Denecroft, Wylam was last sold on 20th October 2022 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Denecroft, Wylam within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 3, Denecroft, Wylam, NE41 8DE, a freehold house which sold for £580,000 on the 15th March 2023.
Read more about house prices in NE41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Denecroft, Wylam, NE41 has a total of 12 addresses. According to our analysis of all the public data, 2, Denecroft, Wylam is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £409k more expensive than the average property in NE41.
The closest station to 2, Denecroft, Wylam is Wylam station which is 700 metres 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, Denecroft, Wylam, 52.9% of property is privately owned outright and 38.2% 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, Denecroft, Wylam, 18.3% of residents are recorded as possessing school level qualifications and 56.6% 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, Denecroft, 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, Denecroft, Wylam, 0.7% 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, Denecroft, Wylam, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
