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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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3, Drivers Lane, Berwick-Upon-Tweed is recorded publicly as a period leasehold house across 721 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Drivers Lane, Berwick-Upon-Tweed is £124,898 and its rental estimate is £796 per month, given the available information and assuming reasonable condition.
Drivers Lane, Berwick-Upon-Tweed, TD15 falls within the TD15 postal district.
3, Drivers Lane, Berwick-Upon-Tweed has 41 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated May 2016.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Drivers Lane, Berwick-Upon-Tweed, we estimate a market value of £131,143 and a rental value of £836 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,155 and £741 per month respectively.
Over the last year, 3, Drivers Lane, Berwick-Upon-Tweed has seen its estimated sale value rise by £3,413 (2.7%) and its estimated rental value move up by £34 per month (4.3%). This results in an estimated gross rental yield of 7.7%.
3, Drivers Lane, Berwick-Upon-Tweed has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 May 2016.
The property is connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Drivers Lane, Berwick-Upon-Tweed completed on 29th July 2024 at £110,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 10.4% over the period since July 2024.
Over the past 2 years 3 properties similar to 3, Drivers Lane, Berwick-Upon-Tweed have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2024, was 6, Temperance Terrace, Berwick-Upon-Tweed, TD15 1LR, a freehold house which sold for £102,000.
Read more about house prices in TD15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 3 addresses on Drivers Lane, Berwick-Upon-Tweed, TD15, 3, Drivers Lane, Berwick-Upon-Tweed comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £102k less expensive than the average property across the TD15 district.
From 3, Drivers Lane, Berwick-Upon-Tweed, the nearest station is Berwick-upon-Tweed, 1.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Drivers Lane, Berwick-Upon-Tweed, 52.1% of property is privately rented and 18.2% is privately owned outright.
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 3, Drivers Lane, Berwick-Upon-Tweed, 8.8% of residents are recorded as possessing school level qualifications and 36.9% 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 3, Drivers Lane, Berwick-Upon-Tweed, the average age was 44.6 and the most common age was 57.
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 3, Drivers Lane, Berwick-Upon-Tweed, 1.5% 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 3, Drivers Lane, Berwick-Upon-Tweed, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
