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According to the public record, 3, Oaklands, Riding Mill is a mid-century freehold house with 1,108 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Oaklands, Riding Mill is £439,776 and the estimated rental value is £1,585 per month.
Oaklands, Riding Mill, NE44 is located within the NE44 postal district.
3, Oaklands, Riding Mill has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Oaklands, Riding Mill is in very good condition we estimate a sale value of £461,765 and a rental value of £1,664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,991 and a rental value of £1,474 per month.
Over the last 12 months the sale value of 3 Oaklands Riding Mill has increased by an estimated £6,449 (1.5%) and its rental value has increased by an estimated £61 per month (3.9%), giving an expected gross yield of 4.3%.
3, Oaklands, Riding Mill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Nov 2021.
The property is connected to mains gas and has some double glazing. It is heated using Warm air, mains gas.
According to HM Land Registry, 3, Oaklands, Riding Mill was last sold on 17th February 2023 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped 44.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Oaklands, Riding Mill within a radius of 4.4 kilometres over the last 2 years.
The most recent example is Badgers Mount, Whiteside Bank, Riding Mill, NE44 6DT, a freehold house which sold for £450,000 on the 18th December 2024.
Read more about house prices in NE44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaklands, Riding Mill, NE44 has a total of 6 addresses. According to our analysis of all the public data, 3, Oaklands, Riding Mill is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £255k more expensive than the average property in NE44.
The closest station to 3, Oaklands, Riding Mill is Riding Mill station which is 500 metres 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 3, Oaklands, Riding Mill, % 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 3, Oaklands, Riding Mill, 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 3, Oaklands, Riding Mill, 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 3, Oaklands, Riding Mill, 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.