56, Park Lane
56, Park Lane
Description & Estimates
Public records show 56, Park Lane, Prudhoe to be a mid-century freehold house with 506 ft2 of internal area, sitting on a 240 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
56, Park Lane, Prudhoe has an estimated sale value of £152,398 and an estimated rental value of £842 per month, assuming reasonable condition and based on the information available.
Park Lane, Prudhoe, NE42 lies within the NE42 postal district.
Our Data Sources
56, Park Lane, Prudhoe has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated July 2009.
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.
Price Range & Condition
In very good condition, we estimate 56, Park Lane, Prudhoe would be worth £160,018, with a potential rental value of £884 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £141,730, with a rental value of £783 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, Park Lane, Prudhoe has increased by £3,780 (2.5%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (4.4%). The property's estimated gross yield is currently 6.6%.
Plot Size
56, Park Lane, Prudhoe occupies a 240 m2 plot as recorded by HM Land Registry.
Of the 48 other houses in this postcode, 47 have recorded plot sizes, and this one ranks as the 35th largest.
Energy Efficiency
56, Park Lane, Prudhoe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jul 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
56, Park Lane, Prudhoe last changed hands on 29th July 2010, selling for £115,000. 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 38.4% since July 2010.
- Sold Jul 2010£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 56, Park Lane, Prudhoe across the last 2 years.
Most recently, 34, Moorlands, Prudhoe, NE42 5LS, a freehold house, sold at £130,000 on the 12th February 2021.
Read more about house prices in NE42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 56, Park Lane, Prudhoe as the 75th largest and the 75th most expensive of the 75 addresses on Park Lane, Prudhoe, NE42.
Against the NE42 postcode district average, it is £72k less expensive than the typical property.
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Schools Nearby
- 700mSt Matthew's Catholic Primary School, Prudhoe
- 900mPrudhoe West Academy
- 1.0kmAdderlane Academy
- 300mPrudhoe Community High School
- 4.9kmThorp Academy
- 7.9kmSt Thomas More Catholic School, Blaydon
More reading links
Public Transport Nearby
Prudhoe station is the nearest stop to 56, Park Lane, Prudhoe at 1.7 kilometres away.
- 1.7kmPrudhoe
- 3.0kmWylam
- 4.6kmStocksfield
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
