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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
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According to the public record, 22, Milkwell, Corbridge is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,163 ft2 of internal area and sits on a 187 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Milkwell, Corbridge is £225,832 and the estimated rental value is £1,191 per month.
Milkwell, Corbridge, NE45 is located within the NE45 postal district.
22, Milkwell, Corbridge has a single entry in the Land Registry from October 2011 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 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 22, Milkwell, Corbridge is in very good condition we estimate a sale value of £237,124 and a rental value of £1,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,024 and a rental value of £1,108 per month.
Over the last 12 months the sale value of 22 Milkwell Corbridge has increased by an estimated £9,255 (4.1%) and its rental value has increased by an estimated £52 per month (4.4%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 22, Milkwell, Corbridge sits on a plot of 187m2.
We have plot size data on 16 out of 23 other houses in the postcode and 22, Milkwell, Corbridge sits on the 9th largest plot.
According to HM Land Registry, 22, Milkwell, Corbridge was last sold on 28th October 2011 for £137,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2011, the market for similar properties has risen 44.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Milkwell, Corbridge within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 23, Milkwell, Corbridge, NE45 5JG, a freehold house which sold for £195,000 on the 30th June 2022.
Read more about house prices in NE45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milkwell, Corbridge, NE45 has a total of 26 addresses. According to our analysis of all the public data, 22, Milkwell, Corbridge is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in NE45.
The closest station to 22, Milkwell, Corbridge is Corbridge station which is 1.3 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 22, Milkwell, 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 22, Milkwell, 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 22, Milkwell, 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 22, Milkwell, 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.
