8, South Parade
8, South Parade
Description & Estimates
8, South Parade, Choppington appears in the public record as a freehold house sitting on a 249 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,160 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 8, South Parade, Choppington is £191,898 and its rental estimate is £1,058 per month, given the available information and assuming reasonable condition.
South Parade, Choppington, NE62 falls within the NE62 postal district.
Our Data Sources
8, South Parade, Choppington has 21 entries in the Land Registry , most recently in July 2013 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 4 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 8, South Parade, Choppington, we estimate a market value of £201,493 and a rental value of £1,111 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £178,465 and £984 per month respectively.
Recent Market Change
Over the last year, 8, South Parade, Choppington has seen its estimated sale value grow by £1,605 (0.8%) and its estimated rental value climb by £30 per month (2.8%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 8, South Parade, Choppington as measuring 249 m2.
That makes it the 9th largest plot in the postcode, where 19 of the 20 other houses have recorded plot data.
Sold Prices
The most recent sale of 8, South Parade, Choppington completed on 19th July 2013 at £150,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 46.5% over the period since July 2013.
- Sold Jul 2013£150,000
- Sold Aug 2000£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, South Parade, Choppington have sold within a radius of 910 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2023, was 1, South Parade, Choppington, NE62 5RB, a freehold house which sold for £155,000.
Read more about house prices in NE62.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on South Parade, Choppington, NE62, 8, South Parade, Choppington comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £37k more expensive than the average property across the NE62 district.
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Schools Nearby
- 600mChoppington Primary School
- 800mMowbray Primary School
- 1.3kmRingway Primary School
- 2.7kmSt Benet Biscop Catholic Academy
- 2.8kmAshington Academy
- 3.3kmBedlington Academy
More reading links
Public Transport Nearby
From 8, South Parade, Choppington, the nearest station is Bedlington, 2.9 kilometres away.
- 2.9kmBedlington
- 3.4kmPegswood
- 3.5kmAshington
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.
