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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, Mulberry Close, Prudhoe is a modern freehold house with 1,883 ft2 of internal area and sits on a 479 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mulberry Close, Prudhoe is £439,590 and the estimated rental value is £1,678 per month.
Mulberry Close, Prudhoe, NE42 is located within the NE42 postal district.
2, Mulberry Close, Prudhoe has a single entry in the Land Registry from April 2016 and a single entry in the EPC database dated September 2014.
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, Mulberry Close, Prudhoe is in very good condition we estimate a sale value of £461,570 and a rental value of £1,762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,819 and a rental value of £1,560 per month.
Over the last 12 months the sale value of 2 Mulberry Close Prudhoe has decreased by an estimated £2,149 (0.5%) and its rental value has increased by an estimated £36 per month (2.1%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 2, Mulberry Close, Prudhoe sits on a plot of 479m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Mulberry Close, Prudhoe sits on the 4th largest plot.
2, Mulberry Close, Prudhoe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Sep 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Mulberry Close, Prudhoe was last sold on 1st April 2016 for £345,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2016, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mulberry Close, Prudhoe within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 3, Mulberry Close, Prudhoe, NE42 5PG, a freehold house which sold for £440,000 on the 14th June 2024.
Read more about house prices in NE42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mulberry Close, Prudhoe, NE42 has a total of 4 addresses. According to our analysis of all the public data, 2, Mulberry Close, Prudhoe is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £219k more expensive than the average property in NE42.
The closest station to 2, Mulberry Close, Prudhoe is Prudhoe station which is 2.2 kilometres away.
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, Mulberry Close, Prudhoe, 49.7% of property is privately owned outright and 43.3% 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, Mulberry Close, Prudhoe, 20.5% of residents are recorded as possessing school level qualifications and 40.1% 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, Mulberry Close, Prudhoe, the average age was 43 and the most common age was 57.
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, Mulberry Close, Prudhoe, 0.9% 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, Mulberry Close, Prudhoe, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
