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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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Public records show 3, Old School Lane, Alnwick to be a modern freehold house with 1,894 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Old School Lane, Alnwick has an estimated sale value of £557,747 and an estimated rental value of £2,096 per month, assuming reasonable condition and based on the information available.
Old School Lane, Chatton, Alnwick, NE66 lies within the NE66 postal district.
3, Old School Lane, Alnwick has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 3, Old School Lane, Alnwick would be worth £585,634, with a potential rental value of £2,201 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £518,704, with a rental value of £1,949 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Old School Lane, Alnwick has climbed by £6,464 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £37 (1.8%). The property's estimated gross yield is currently 4.5%.
3, Old School Lane, Alnwick has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
3, Old School Lane, Alnwick last changed hands on 12th January 2024, selling for £534,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 6.0% since January 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.3 kilometres of 3, Old School Lane, Alnwick across the last 2 years.
Most recently, 2, Old School Lane, Alnwick, NE66 5PB, a freehold house, sold at £550,000 on the 19th April 2023.
Read more about house prices in NE66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Old School Lane, Alnwick as the largest and the most expensive of the 3 addresses on Old School Lane, Chatton, Alnwick, NE66.
Against the NE66 postcode district average, it is £254k more expensive than the typical property.
Chathill station is the nearest stop to 3, Old School Lane, Alnwick at 12.9 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Old School Lane, Alnwick, 39.3% of property is privately owned outright and 31.8% is privately rented.
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, Old School Lane, Alnwick, 9.8% of residents are recorded as possessing school level qualifications and 41.2% 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, Old School Lane, Alnwick, the average age was 51.3 and the most common age was 67.
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, Old School Lane, Alnwick, 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, Old School Lane, Alnwick, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
