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According to the public record, 20, Chains Drive, Corbridge is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 20, Chains Drive, Corbridge is £167,041 and the estimated rental value is £1,002 per month.
Chains Drive, Corbridge, NE45 is located within the NE45 postal district.
20, Chains Drive, Corbridge has 21 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated February 2021.
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 20, Chains Drive, Corbridge is in very good condition we estimate a sale value of £175,393 and a rental value of £1,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,348 and a rental value of £932 per month.
Over the last 12 months the sale value of 20 Chains Drive Corbridge has increased by an estimated £5,351 (3.2%) and its rental value has increased by an estimated £33 per month (3.3%), giving an expected gross yield of 7.2%.
20, Chains Drive, Corbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Feb 2021.
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, 20, Chains Drive, Corbridge was last sold on 23rd November 2022 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Chains Drive, Corbridge within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 19, Chains Drive, Corbridge, NE45 5BP, a leasehold flat which sold for £162,500 on the 28th February 2025.
Read more about house prices in NE45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chains Drive, Corbridge, NE45 has a total of 52 addresses. According to our analysis of all the public data, 20, Chains Drive, Corbridge is the 50th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in NE45.
The closest station to 20, Chains Drive, Corbridge is Corbridge station which is 1.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Chains Drive, 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 20, Chains Drive, 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 20, Chains Drive, 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 20, Chains Drive, 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.
