The Old Forge, Stocksfield
The Old Forge, Stocksfield
Description & Estimates
The Old Forge, Stocksfield is described in the public record as a modern house with 1,496 ft2 of internal area, sitting on a 354 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of The Old Forge, Stocksfield is £442,089 and its rental estimate is £1,453 per month, given the available information and assuming reasonable condition.
Main Road, Stocksfield, NE43 falls within the NE43 postal district.
Our Data Sources
The Old Forge, Stocksfield has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data 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.
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 Old Forge, Stocksfield, we estimate a market value of £464,194 and a rental value of £1,526 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £411,143 and £1,351 per month respectively.
Recent Market Change
Over the last year, The Old Forge, Stocksfield has seen its estimated sale value grow by £2,118 (0.5%) and its estimated rental value climb by £30 per month (2.1%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for The Old Forge, Stocksfield as measuring 354 m2.
That makes it the 5th largest plot in the postcode, where 7 of the 12 other houses have recorded plot data.
Energy Efficiency
The Old Forge, Stocksfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2022.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, dual fuel (mineral and wood).
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Old Forge, Stocksfield have sold within a radius of 2.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2023, was 1, Brumwell Court, Stocksfield, NE43 7ND, a freehold house sold by Kirsty Hodgson- Bespoke Estate Agents - EXP for £450,000.
Read more about house prices in NE43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 44 addresses on Main Road, Stocksfield, NE43, The Old Forge, Stocksfield comes out as the 22nd largest and the 14th most expensive in our analysis of the public data.
It is also £200k more expensive than the average property across the NE43 district.
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Schools Nearby
- 300mBroomley First School
- 1.9kmMickley First School
- 3.4kmOvingham Church of England First School
- 4.2kmPrudhoe Community High School
- 9.4kmThorp Academy
- 11.4kmConsett Academy
More reading links
Public Transport Nearby
From The Old Forge, Stocksfield, the nearest station is Stocksfield, 100 metres away.
- 100mStocksfield
- 3.6kmRiding Mill
- 3.8kmPrudhoe
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
