Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, School House is a period freehold house with 1,582 ft2 of internal area and sits on a 504 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 School House is £641,343 and the estimated rental value is £2,383 per month.
Wylam, NE41 is located within the NE41 postal district.
School House has 2 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 School House is in very good condition we estimate a sale value of £673,410 and a rental value of £2,502 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £596,449 and a rental value of £2,216 per month.
Over the last 12 months the sale value of School House has increased by an estimated £987 (0.2%) and its rental value has increased by an estimated £67 per month (2.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, School House sits on a plot of 504m2.
School House has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Jul 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, School House was last sold on 14th October 2021 for £600,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2021, the market for similar properties has dropped 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to School House within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 3, Denecroft, Wylam, NE41 8DE, a freehold house which sold for £580,000 on the 15th March 2023.
Read more about house prices in NE41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wylam, NE41 has a total of 146 addresses. According to our analysis of all the public data, School House is the 50th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £421k more expensive than the average property in NE41.
The closest station to School House is Wylam station which is 600 metres away.
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 School House, 40.7% of property is privately owned outright and 32.1% 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 School House, 15.1% of residents are recorded as possessing school level qualifications and 53.8% 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 School House, 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 School House, 0.0% 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 School House, 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.
