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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Old Mill Cottage, Alnwick appears in the public record as a leasehold house sitting on a 1,762 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 929 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Old Mill Cottage, Alnwick is £235,348 and its rental estimate is £1,338 per month, given the available information and assuming reasonable condition.
Branton, Alnwick, NE66 falls within the NE66 postal district.
Old Mill Cottage, Alnwick has a single entry in the Land Registry from June 2010 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 1 out of 5 and is considered of low accuracy.
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 Old Mill Cottage, Alnwick, we estimate a market value of £247,115 and a rental value of £1,405 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £218,873 and £1,245 per month respectively.
Over the last year, Old Mill Cottage, Alnwick has seen its estimated sale value increase by £4,238 (1.8%) and its estimated rental value grow by £37 per month (2.7%). This results in an estimated gross rental yield of 6.8%.
HM Land Registry records the plot of land for Old Mill Cottage, Alnwick as measuring 1,762 m2.
That makes it the 2nd largest plot in the postcode, where 9 of the 13 other houses have recorded plot data.
The most recent sale of Old Mill Cottage, Alnwick completed on 11th June 2010 at £165,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 58.7% over the period since June 2010.
Over the past 2 years 3 properties similar to Old Mill Cottage, Alnwick have sold within a radius of 12.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2023, was 6, West Hedgeley, Alnwick, NE66 4JB, a freehold house which sold for £175,000.
Read more about house prices in NE66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 26 addresses on Branton, Alnwick, NE66, Old Mill Cottage, Alnwick comes out as the 17th largest and the 18th most expensive in our analysis of the public data.
It is also £69k less expensive than the average property across the NE66 district.
From Old Mill Cottage, Alnwick, the nearest station is Chathill, 17.7 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Old Mill Cottage, Alnwick, 50.9% of property is privately rented and 27.1% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Old Mill Cottage, Alnwick, 12.0% of residents are recorded as possessing school level qualifications and 43.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Old Mill Cottage, Alnwick, the average age was 51.3 and the most common age was 67.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Old Mill Cottage, Alnwick, 0.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Old Mill Cottage, Alnwick, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
