Melbourne Cottage, Wooler
Melbourne Cottage, Wooler
Description & Estimates
According to the public record, Melbourne Cottage, Wooler is a period freehold house with 1,625 ft2 of internal area and sits on a 990 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Melbourne Cottage, Wooler is £327,380 and the estimated rental value is £1,340 per month.
Main Road, Milfield, Wooler, NE71 is located within the NE71 postal district.
Our Data Sources
Melbourne Cottage, Wooler has 2 entries in the Land Registry , most recently in March 2017 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Melbourne Cottage, Wooler is in very good condition we estimate a sale value of £343,749 and a rental value of £1,407 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,463 and a rental value of £1,246 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Melbourne Cottage, Wooler has climbed by £1,202 (0.4%), while its estimated rental value has risen by £24 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, Melbourne Cottage, Wooler sits on a plot of 990 m2.
We have plot size data on 4 out of 5 other houses in the postcode and Melbourne Cottage, Wooler sits on the 2nd largest plot.
Energy Efficiency
Melbourne Cottage, Wooler has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Melbourne Cottage, Wooler was last sold on 16th March 2017 for £233,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2017, the market for similar properties has risen by 39.9%.
- Sold Mar 2017£233,000
- Sold Apr 2011£195,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Melbourne Cottage, Wooler within a radius of 8.4 kilometres over the last 2 years.
The most recent example is Bell View, Main Road, Wooler, NE71 6HS, a freehold house which sold for £325,000 on the 4th December 2024.
Read more about house prices in NE71.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Main Road, Milfield, Wooler, NE71 has a total of 19 addresses. According to our analysis of all the public data, Melbourne Cottage, Wooler is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in NE71.
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Schools Nearby
- 3.9kmHugh Joicey Church of England Primary School, Ford
- 8.4kmWooler First School
- 9.9kmLowick Church of England Voluntary Controlled Primary School
- 18.7kmBerwick Academy
- 33.7kmThe Duchess's Community High School
- 43.9kmJames Calvert Spence College
More reading links
Public Transport Nearby
The closest station to Melbourne Cottage, Wooler is Berwick-upon-Tweed station, which is 20.6 kilometres away.
- 20.6kmBerwick-upon-Tweed
- 25.8kmChathill
- 28.8kmReston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
