5, Oaklands Rise
5, Oaklands Rise
Description & Estimates
According to the public record, 5, Oaklands Rise, Riding Mill is a modern freehold house with 1,711 ft2 of internal area and sits on a 1,716 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Oaklands Rise, Riding Mill is £707,651 and the estimated rental value is £2,326 per month.
Oaklands Rise, Riding Mill, NE44 is located within the NE44 postal district.
Our Data Sources
5, Oaklands Rise, Riding Mill has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated December 2022.
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.
Price Range & Condition
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 5, Oaklands Rise, Riding Mill is in very good condition we estimate a sale value of £743,034 and a rental value of £2,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £658,115 and a rental value of £2,163 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Oaklands Rise, Riding Mill has climbed by £3,389 (0.5%), while its estimated rental value has risen by £48 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Plot Size
According to data from HM Land Registry, 5, Oaklands Rise, Riding Mill sits on a plot of 1,716 m2.
We have plot size data on 6 out of 8 other houses in the postcode and 5, Oaklands Rise, Riding Mill sits on the largest plot.
Energy Efficiency
5, Oaklands Rise, Riding Mill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Oaklands Rise, Riding Mill was last sold on 25th April 2023 for £670,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped by 29.5%.
- Sold Apr 2023£670,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oaklands Rise, Riding Mill within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 2, St. James Close, Riding Mill, NE44 6BS, a freehold house sold by Kirsty Hodgson- Bespoke Estate Agents - EXP for £710,000 on the 7th May 2024.
Read more about house prices in NE44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oaklands Rise, Riding Mill, NE44 has a total of 8 addresses. According to our analysis of all the public data, 5, Oaklands Rise, Riding Mill is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £466k more expensive than the average property in NE44.
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Schools Nearby
- 200mBroomhaugh (VA) Church of England First School
- 4.0kmBroomley First School
- 4.5kmCorbridge (VA) Church of England First School
- 7.9kmPrudhoe Community High School
- 9.7kmQueen Elizabeth High School
- 13.0kmThorp Academy
More reading links
Public Transport Nearby
The closest station to 5, Oaklands Rise, Riding Mill is Riding Mill station, which is 600 metres away.
- 600mRiding Mill
- 3.6kmStocksfield
- 3.8kmCorbridge
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
