Corburn, Corbridge
Corburn, Corbridge
Description & Estimates
Corburn, Corbridge appears in the public record as a freehold house sitting on a 344 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 933 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Corburn, Corbridge is £425,047 and its rental estimate is £1,676 per month, given the available information and assuming reasonable condition.
Cow Lane, Corbridge, NE45 falls within the NE45 postal district.
Our Data Sources
Corburn, Corbridge has a single entry in the Land Registry from August 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 3 out of 5 and is considered of medium 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 Corburn, Corbridge, we estimate a market value of £446,299 and a rental value of £1,760 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £395,293 and £1,559 per month respectively.
Recent Market Change
Over the last year, Corburn, Corbridge has seen its estimated sale value grow by £21,374 (5.0%) and its estimated rental value climb by £74 per month (4.4%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for Corburn, Corbridge as measuring 344 m2.
That makes it the 6th largest plot in the postcode, where 7 of the 8 other houses have recorded plot data.
Sold Prices
The most recent sale of Corburn, Corbridge completed on 22nd August 2008 at £225,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.1% over the period since August 2008.
- Sold Aug 2008£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Corburn, Corbridge have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th July 2023, was 41, Pembroke Drive, Corbridge, NE45 5SF, a freehold house which sold for £364,995.
Read more about house prices in NE45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on Cow Lane, Corbridge, NE45, Corburn, Corbridge comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £60k more expensive than the average property across the NE45 district.
More reading links
Schools Nearby
- 700mCorbridge (VA) Church of England First School
- 3.2kmBeaufront First School
- 4.5kmHexham First School
- 6.2kmQueen Elizabeth High School
- 11.3kmPrudhoe Community High School
- 14.7kmHaydon Bridge High School
More reading links
Public Transport Nearby
From Corburn, Corbridge, the nearest station is Corbridge, 1.5 kilometres away.
- 1.5kmCorbridge
- 4.7kmHexham
- 4.7kmRiding Mill
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.
