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According to the public record, 21, Chains Drive, Corbridge is a modern apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 21, Chains Drive, Corbridge is £195,239 and the estimated rental value is £1,078 per month.
Chains Drive, Corbridge, NE45 is located within the NE45 postal district.
21, Chains Drive, Corbridge has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data 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 21, Chains Drive, Corbridge is in very good condition we estimate a sale value of £205,000 and a rental value of £1,132 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,572 and a rental value of £1,003 per month.
Over the last 12 months the sale value of 21 Chains Drive Corbridge has increased by an estimated £5,642 (2.9%) and its rental value has increased by an estimated £32 per month (3.0%), giving an expected gross yield of 6.6%.
21, Chains Drive, Corbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2020.
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, 21, Chains Drive, Corbridge was last sold on 14th August 2006 for £192,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Chains Drive, Corbridge within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 13, St. Wilfreds Road, Corbridge, NE45 5DE, a leasehold flat which sold for £163,000 on the 14th April 2022.
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, 21, Chains Drive, Corbridge is the 29th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in NE45.
The closest station to 21, 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 21, 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 21, 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 21, 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 21, 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.
