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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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Smithy Cottage, Alnwick is recorded publicly as a modern freehold house across 1,033 ft2 of internal area, sitting on a 388 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Smithy Cottage, Alnwick is £360,968 and its rental estimate is £1,663 per month, given the available information and assuming reasonable condition.
Main Road, Chatton, Alnwick, NE66 falls within the NE66 postal district.
Smithy Cottage, Alnwick has 3 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Smithy Cottage, Alnwick, we estimate a market value of £379,017 and a rental value of £1,746 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £335,700 and £1,546 per month respectively.
Over the last year, Smithy Cottage, Alnwick has seen its estimated sale value move up by £6,501 (1.8%) and its estimated rental value increase by £46 per month (2.7%). This results in an estimated gross rental yield of 5.5%.
HM Land Registry records the plot of land for Smithy Cottage, Alnwick as measuring 388 m2.
That makes it the 2nd largest plot in the postcode, where 3 of the 5 other houses have recorded plot data.
Smithy Cottage, Alnwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of Smithy Cottage, Alnwick completed on 15th June 2021 at £289,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 22.1% over the period since June 2021.
Over the past 2 years 3 properties similar to Smithy Cottage, Alnwick have sold within a radius of 7.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2020, was The Byre, Mill Hill Farm, Alnwick, NE66 5PR, a freehold house which sold for £235,000.
Read more about house prices in NE66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 5 addresses on Main Road, Chatton, Alnwick, NE66, Smithy Cottage, Alnwick comes out as the largest and the most expensive in our analysis of the public data.
It is also £57k more expensive than the average property across the NE66 district.
From Smithy Cottage, Alnwick, the nearest station is Chathill, 13.1 kilometres away.
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 Smithy Cottage, Alnwick, 39.3% of property is privately owned outright and 31.8% is privately rented.
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 Smithy Cottage, Alnwick, 9.8% of residents are recorded as possessing school level qualifications and 41.2% 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 Smithy 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 Smithy Cottage, Alnwick, 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 Smithy Cottage, Alnwick, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
