2, Well Road
2, Well Road
Description & Estimates
The public record lists 2, Well Road, Stocksfield as a freehold house.
Comparison with its neighbours suggests a modern house with 1,994 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
2, Well Road, Stocksfield has an estimated sale value of £471,383 and an estimated rental value of £1,591 per month, assuming reasonable condition and based on the information available.
Well Road, Stocksfield, NE43 lies within the NE43 postal district.
Our Data Sources
2, Well Road, Stocksfield has a single entry in the Land Registry from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, Well Road, Stocksfield would be worth £494,952, with a potential rental value of £1,671 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £438,386, with a rental value of £1,480 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Well Road, Stocksfield has fallen by £393 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £26 (1.6%). The property's estimated gross yield is currently 4.1%.
Sold Prices
2, Well Road, Stocksfield last changed hands on 27th September 2007, selling for £407,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 20.9% since September 2007.
- Sold Sep 2007£407,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of 2, Well Road, Stocksfield across the last 2 years.
Most recently, 33, Tynedale Gardens, Stocksfield, NE43 7EZ, a freehold house, sold at £415,000 on the 25th July 2022.
Read more about house prices in NE43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Well Road, Stocksfield as the 4th largest and the 4th most expensive of the 4 addresses on Well Road, Stocksfield, NE43.
Against the NE43 postcode district average, it is £230k more expensive than the typical property.
More reading links
Schools Nearby
- 1.3kmBroomley First School
- 2.2kmMickley First School
- 3.4kmWhittonstall First School
- 4.3kmPrudhoe Community High School
- 9.4kmThorp Academy
- 10.2kmConsett Academy
More reading links
Public Transport Nearby
Stocksfield station is the nearest stop to 2, Well Road, Stocksfield at 1.3 kilometres away.
- 1.3kmStocksfield
- 4.2kmRiding Mill
- 4.3kmPrudhoe
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
