6, The Old Orchard
6, The Old Orchard
Description & Estimates
6, The Old Orchard, Riding Mill appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 625 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 6, The Old Orchard, Riding Mill is £120,075 and its rental estimate is £622 per month, given the available information and assuming reasonable condition.
The Old Orchard, Riding Mill, NE44 falls within the NE44 postal district.
Our Data Sources
6, The Old Orchard, Riding Mill has a single entry in the Land Registry from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 6, The Old Orchard, Riding Mill, we estimate a market value of £126,079 and a rental value of £653 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £111,670 and £578 per month respectively.
Recent Market Change
Over the last year, 6, The Old Orchard, Riding Mill has seen its estimated sale value climb by £31 (0.0%) and its estimated rental value rise by £13 per month (2.1%). This results in an estimated gross rental yield of 6.2%.
Sold Prices
The most recent sale of 6, The Old Orchard, Riding Mill completed on 4th April 2008 at £105,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.5% over the period since April 2008.
- Sold Apr 2008£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, The Old Orchard, Riding Mill have sold within a radius of 4.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2022, was 3, The Old Orchard, Riding Mill, NE44 6ET, a leasehold flat which sold for £132,500.
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
Of the 12 addresses on The Old Orchard, Riding Mill, NE44, 6, The Old Orchard, Riding Mill comes out as the largest and the most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the NE44 district.
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Schools Nearby
- 400mBroomhaugh (VA) Church of England First School
- 3.7kmBroomley First School
- 4.3kmCorbridge (VA) Church of England First School
- 7.6kmPrudhoe Community High School
- 9.8kmQueen Elizabeth High School
- 12.6kmThorp Academy
More reading links
Public Transport Nearby
From 6, The Old Orchard, Riding Mill, the nearest station is Riding Mill, 200 metres away.
- 200mRiding Mill
- 3.3kmStocksfield
- 3.8kmCorbridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
