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According to the public record, Ovington Cottage, Prudhoe is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,843 ft2 of internal area and sits on a 1,549 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Ovington Cottage, Prudhoe is £513,285 and the estimated rental value is £1,974 per month.
Ovington, Prudhoe, NE42 is located within the NE42 postal district.
Ovington Cottage, Prudhoe has a single entry in the Land Registry from March 2012 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 2 out of 5 and is considered of medium accuracy.
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 Ovington Cottage, Prudhoe is in very good condition we estimate a sale value of £538,949 and a rental value of £2,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,355 and a rental value of £1,835 per month.
Over the last 12 months the sale value of Ovington Cottage Prudhoe has decreased by an estimated £2,510 (0.5%) and its rental value has increased by an estimated £42 per month (2.1%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, Ovington Cottage, Prudhoe sits on a plot of 1549m2.
We have plot size data on 29 out of 39 other houses in the postcode and Ovington Cottage, Prudhoe sits on the largest plot.
According to HM Land Registry, Ovington Cottage, Prudhoe was last sold on 29th March 2012 for £710,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen 23.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ovington Cottage, Prudhoe within a radius of 2.3 kilometres over the last 2 years.
The most recent example is Brewery House, Prudhoe, NE42 6EB, a freehold house which sold for £642,500 on the 27th October 2022.
Read more about house prices in NE42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ovington, Prudhoe, NE42 has a total of 96 addresses. According to our analysis of all the public data, Ovington Cottage, Prudhoe is the 4th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £293k more expensive than the average property in NE42.
The closest station to Ovington Cottage, Prudhoe is Prudhoe station which is 2.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Ovington Cottage, Prudhoe, 38.5% of property is privately owned outright and 27.9% is privately owned with a mortgage.
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 Ovington Cottage, Prudhoe, 15.2% of residents are recorded as possessing school level qualifications and 38.5% 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 Ovington Cottage, Prudhoe, the average age was 47 and the most common age was 52.
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 Ovington Cottage, Prudhoe, 1.3% 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 Ovington Cottage, Prudhoe, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.