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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
According to the public record, The Hemel, Thornbrough is a modern freehold house with 2,540 ft2 of internal area and sits on a 3,386 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Hemel, Thornbrough is £678,249 and the estimated rental value is £2,591 per month.
Corbridge, NE45 is located within the NE45 postal district.
The Hemel, Thornbrough has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated May 2020.
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 The Hemel, Thornbrough is in very good condition we estimate a sale value of £712,162 and a rental value of £2,720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £630,772 and a rental value of £2,409 per month.
Over the last 12 months the sale value of The Hemel Thornbrough has increased by an estimated £18,699 (2.8%) and its rental value has increased by an estimated £38 per month (1.5%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, The Hemel, Thornbrough sits on a plot of 3386m2.
We have plot size data on 10 out of 13 other houses in the postcode and The Hemel, Thornbrough sits on the 2nd largest plot.
The Hemel, Thornbrough has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 21 May 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, oil.
According to HM Land Registry, The Hemel, Thornbrough was last sold on 28th October 2021 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2021, the market for similar properties has dropped 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Hemel, Thornbrough within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 11, Siskin Drive, Corbridge, NE45 5AB, a freehold house which sold for £790,000 on the 12th December 2023.
Read more about house prices in NE45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corbridge, NE45 has a total of 253 addresses. According to our analysis of all the public data, The Hemel, Thornbrough is the 44th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £314k more expensive than the average property in NE45.
The closest station to The Hemel, Thornbrough is Corbridge station which is 2.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around The Hemel, Thornbrough, % of property is and % is .
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 The Hemel, Thornbrough, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 The Hemel, Thornbrough, 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 The Hemel, Thornbrough, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
