6, Oaklands Rise
6, Oaklands Rise
Description & Estimates
Public records show 6, Oaklands Rise, Riding Mill to be a mid-century freehold house with 2,152 ft2 of internal area, sitting on a 1,428 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
6, Oaklands Rise, Riding Mill has an estimated sale value of £714,217 and an estimated rental value of £2,411 per month, assuming reasonable condition and based on the information available.
Oaklands Rise, Riding Mill, NE44 lies within the NE44 postal district.
Our Data Sources
6, Oaklands Rise, Riding Mill has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated December 2014.
We combine this information with that 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
In very good condition, we estimate 6, Oaklands Rise, Riding Mill would be worth £749,928, with a potential rental value of £2,532 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £664,222, with a rental value of £2,242 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 6, Oaklands Rise, Riding Mill has decreased by £595 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £40 (1.6%). The property's estimated gross yield is currently 4.1%.
Plot Size
6, Oaklands Rise, Riding Mill occupies a 1,428 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
6, Oaklands Rise, Riding Mill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
Sold Prices
6, Oaklands Rise, Riding Mill last changed hands on 11th June 2024, selling for £676,000. 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 dropped by 36.0% since June 2024.
- Sold Jun 2024£676,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.5 kilometres of 6, Oaklands Rise, Riding Mill across the last 2 years.
Most recently, Holly Lodge, Church Lane, Riding Mill, NE44 6AP, a freehold house, sold at £660,000 on the 25th January 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
Our analysis of the public data ranks 6, Oaklands Rise, Riding Mill as the largest and the most expensive of the 8 addresses on Oaklands Rise, Riding Mill, NE44.
Against the NE44 postcode district average, it is £472k more expensive than the typical property.
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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
Riding Mill station is the nearest stop to 6, Oaklands Rise, Riding Mill at 600 metres away.
- 600mRiding Mill
- 3.6kmStocksfield
- 3.8kmCorbridge
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
