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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 Rose Cottages is a period freehold house with 743 ft2 of internal area and sits on a 132 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Rose Cottages is £207,217 and the estimated rental value is £1,028 per month.
Wylam, NE41 is located within the NE41 postal district.
2 Rose Cottages has 2 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated June 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Rose Cottages is in very good condition we estimate a sale value of £217,578 and a rental value of £1,079 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,712 and a rental value of £956 per month.
Over the last 12 months the sale value of 2 Rose Cottages has increased by an estimated £3,393 (1.6%) and its rental value has increased by an estimated £38 per month (3.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 2 Rose Cottages sits on a plot of 132m2.
2 Rose Cottages has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jun 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Rose Cottages was last sold on 4th July 2014 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2014, the market for similar properties has dropped 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Rose Cottages within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 12, Tynedale Close, Wylam, NE41 8EX, a freehold house sold by Kirsty Hodgson- Bespoke Estate Agents - EXP for £285,000 on the 18th December 2024.
Read more about house prices in NE41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wylam, NE41 has a total of 146 addresses. According to our analysis of all the public data, 2 Rose Cottages is the 125th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in NE41.
The closest station to 2 Rose Cottages is Wylam station which is 700 metres 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 Rose Cottages, 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 Rose Cottages, 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 Rose Cottages, 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 Rose Cottages, 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 Rose Cottages, 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.
