The Cottage, Corbridge
The Cottage, Corbridge
Description & Estimates
The Cottage, Corbridge appears in the public record as a freehold house sitting on a 586 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,530 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of The Cottage, Corbridge is £936,295 and its rental estimate is £3,078 per month, given the available information and assuming reasonable condition.
Main Street, Corbridge, NE45 falls within the NE45 postal district.
Our Data Sources
The Cottage, Corbridge has a single entry in the Land Registry from July 2007 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.
Price Range & Condition
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 The Cottage, Corbridge, we estimate a market value of £983,110 and a rental value of £3,232 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £870,755 and £2,862 per month respectively.
Recent Market Change
Over the last year, The Cottage, Corbridge has seen its estimated sale value grow by £30,178 (3.2%) and its estimated rental value climb by £79 per month (2.6%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for The Cottage, Corbridge as measuring 586 m2.
That makes it the 7th largest plot in the postcode, where 13 of the 20 other houses have recorded plot data.
Sold Prices
The most recent sale of The Cottage, Corbridge completed on 9th July 2007 at £547,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 13.9% over the period since July 2007.
- Sold Jul 2007£547,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Cottage, Corbridge have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 3, Appletree Rise, Corbridge, NE45 5HD, a freehold house which sold for £900,000.
Read more about house prices in NE45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 38 addresses on Main Street, Corbridge, NE45, The Cottage, Corbridge comes out as the 28th largest and the 10th most expensive in our analysis of the public data.
It is also £572k more expensive than the average property across the NE45 district.
More reading links
Schools Nearby
- 600mCorbridge (VA) Church of England First School
- 3.9kmBeaufront First School
- 4.1kmBroomhaugh (VA) Church of England First School
- 6.5kmQueen Elizabeth High School
- 10.7kmPrudhoe Community High School
- 15.1kmHaydon Bridge High School
More reading links
Public Transport Nearby
From The Cottage, Corbridge, the nearest station is Corbridge, 800 metres away.
- 800mCorbridge
- 4.0kmRiding Mill
- 5.0kmHexham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
