4, Millbank Place
4, Millbank Place
Description & Estimates
4, Millbank Place, Bedlington is described in the public record as an early-century house with 871 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Millbank Place, Bedlington is £90,845 and its rental estimate is £627 per month, given the available information and assuming reasonable condition.
Millbank Place, Bedlington, NE22 falls within the NE22 postal district.
Our Data Sources
4, Millbank Place, Bedlington has no records in the the Land Registry and a single entry in the EPC database dated October 2013.
We combine this information with public data 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.
Price Range & Condition
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 4, Millbank Place, Bedlington, we estimate a market value of £95,387 and a rental value of £658 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £84,486 and £583 per month respectively.
Recent Market Change
Over the last year, 4, Millbank Place, Bedlington has seen its estimated sale value increase by £1,959 (2.2%) and its estimated rental value grow by £30 per month (4.8%). This results in an estimated gross rental yield of 8.3%.
Energy Efficiency
4, Millbank Place, Bedlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Millbank Place, Bedlington have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 7, Whitsun Avenue, Bedlington, NE22 5BG, a freehold house which sold for £100,000.
Read more about house prices in NE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Millbank Place, Bedlington, NE22, 4, Millbank Place, Bedlington comes out as the 18th largest and the 26th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the NE22 district.
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Schools Nearby
- 400mBedlington Whitley Memorial Church of England Primary School
- 600mStead Lane Primary School
- 1.2kmBedlington West End Primary School
- 1.4kmSt Benet Biscop Catholic Academy
- 1.4kmBedlington Academy
- 2.4kmThe Blyth Academy
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Public Transport Nearby
From 4, Millbank Place, Bedlington, the nearest station is Bedlington, 1.4 kilometres away.
- 1.4kmBedlington
- 1.6kmBlyth Bebside
- 4.9kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
