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The property has 47 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 43, Cherry Grove, Prudhoe is £231,034 and the estimated rental value is £1,165 per month.
Cherry Grove, Prudhoe, NE42 is located within the NE42 postal district.
43, Cherry Grove, Prudhoe has been updated by Kirsty Hodgson- Bespoke Estate Agents - EXP. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 5 out of 5 and is considered of high 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 43, Cherry Grove, Prudhoe is in very good condition we estimate a sale value of £242,586 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,862 and a rental value of £1,084 per month.
Over the last 12 months the sale value of 43 Cherry Grove Prudhoe has increased by an estimated £355 (0.2%) and its rental value has increased by an estimated £33 per month (2.8%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 43, Cherry Grove, Prudhoe sits on a plot of 247m2.
We have plot size data on 36 out of 43 other houses in the postcode and 43, Cherry Grove, Prudhoe sits on the 29th largest plot.
43, Cherry Grove, Prudhoe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to Kirsty Hodgson- Bespoke Estate Agents - EXP and HM Land Registry, 43, Cherry Grove, Prudhoe was last sold on 22nd October 2021 for £210,000 and was recorded as a leasehold house.
The selling agent was Kirsty Hodgson- Bespoke Estate Agents - EXP. The property has had 5 sales since 1995.
Since October 2021, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Cherry Grove, Prudhoe within a radius of 860 metres over the last 2 years.
The most recent example is 1, Lime Grove, Prudhoe, NE42 6PR, a leasehold house sold by Kirsty Hodgson- Bespoke Estate Agents - EXP for £220,000 on the 13th August 2024.
Read more about house prices in NE42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Grove, Prudhoe, NE42 has a total of 43 addresses. According to our analysis of all the public data, 43, Cherry Grove, Prudhoe is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in NE42.
The closest station to 43, Cherry Grove, Prudhoe is Prudhoe station which is 400 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 43, Cherry Grove, Prudhoe, 50.4% of property is privately owned outright and 34.6% is privately owned with a mortgage.
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 43, Cherry Grove, Prudhoe, 17.6% of residents are recorded as possessing school level qualifications and 29.5% 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 43, Cherry Grove, Prudhoe, the average age was 43 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 43, Cherry Grove, Prudhoe, 0.6% 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 43, Cherry Grove, Prudhoe, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.