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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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The public record lists Rainbow Cottage, Cornhill-On-Tweed as a freehold house sitting on a 153 m2 plot.
Comparison with its neighbours suggests a period house with 676 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
Rainbow Cottage, Cornhill-On-Tweed has an estimated sale value of £196,499 and an estimated rental value of £1,039 per month, assuming reasonable condition and based on the information available.
Wark, Cornhill-On-Tweed, TD12 lies within the TD12 postal district.
Rainbow Cottage, Cornhill-On-Tweed has a single entry in the Land Registry from August 2009 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.
In very good condition, we estimate Rainbow Cottage, Cornhill-On-Tweed would be worth £206,324, with a potential rental value of £1,091 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £182,744, with a rental value of £966 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Rainbow Cottage, Cornhill-On-Tweed has grown by £5,369 (2.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £44 (4.3%). The property's estimated gross yield is currently 6.3%.
Rainbow Cottage, Cornhill-On-Tweed occupies a 153 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 16 have recorded plot sizes, and this one ranks as the 14th largest.
Rainbow Cottage, Cornhill-On-Tweed last changed hands on 27th August 2009, selling for £95,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 21.8% since August 2009.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 17.1 kilometres of Rainbow Cottage, Cornhill-On-Tweed across the last 2 years.
Most recently, 2 St. Cuthberts Cottages, Cornhill-On-Tweed, TD12 4UP, a freehold house, sold at £190,000 on the 21st June 2024.
Read more about house prices in TD12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Rainbow Cottage, Cornhill-On-Tweed as the 378th largest and the 305th most expensive of the 395 addresses on Wark, Cornhill-On-Tweed, TD12.
Against the TD12 postcode district average, it is £31k less expensive than the typical property.
Berwick-upon-Tweed station is the nearest stop to Rainbow Cottage, Cornhill-On-Tweed at 22.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a medium risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Rainbow Cottage, Cornhill-On-Tweed, 51.9% of property is privately rented and 35.3% 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 Rainbow Cottage, Cornhill-On-Tweed, 8.8% of residents are recorded as possessing school level qualifications and 33.8% 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 Rainbow Cottage, Cornhill-On-Tweed, 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 Rainbow Cottage, Cornhill-On-Tweed, 1.0% 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 Rainbow Cottage, Cornhill-On-Tweed, 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.
