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Public records show 3, The Old Orchard, Riding Mill to be a modern leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, The Old Orchard, Riding Mill has an estimated sale value of £119,877 and an estimated rental value of £621 per month, assuming reasonable condition and based on the information available.
The Old Orchard, Riding Mill, NE44 lies within the NE44 postal district.
3, The Old Orchard, Riding Mill has 41 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 3, The Old Orchard, Riding Mill would be worth £125,871, with a potential rental value of £652 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £111,486, with a rental value of £578 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, The Old Orchard, Riding Mill has moved up by £31 (0.0%) over the last year. During the same period, its estimated monthly rental value has increased by £13 (2.1%). The property's estimated gross yield is currently 6.2%.
3, The Old Orchard, Riding Mill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
3, The Old Orchard, Riding Mill last changed hands on 18th March 2022, selling for £132,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 3.3% since March 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.3 kilometres of 3, The Old Orchard, Riding Mill across the last 2 years.
Most recently, 8, The Old Orchard, Riding Mill, NE44 6ET, a leasehold flat, sold at £125,000 on the 1st October 2021.
Read more about house prices in NE44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, The Old Orchard, Riding Mill as the 5th largest and the 5th most expensive of the 12 addresses on The Old Orchard, Riding Mill, NE44.
Against the NE44 postcode district average, it is £122k less expensive than the typical property.
Riding Mill station is the nearest stop to 3, The Old Orchard, Riding Mill at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, The Old Orchard, 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, The Old Orchard, 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, The Old Orchard, 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, The Old Orchard, 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.