According to the public record, 1, Hipsburn Steadings, Alnwick is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,599 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Hipsburn Steadings, Lesbury, Alnwick, NE66 is located within the NE66 postal district.
1, Hipsburn Steadings, Alnwick has 41 entries in the Land Registry database, most recently in December 2017 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Hipsburn Steadings Alnwick as £501,530 and the rental value as £1,285 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 1 Hipsburn Steadings Alnwick has decreased by £10,748 (2.1%) and its rental value has increased by £44 per month (3.4%).
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 1, Hipsburn Steadings, Alnwick is in very good condition we estimate a sale value of £526,606 and rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,422 and a rental value of £1,195 per month.
If you were able to purchase this property for the estimated value of £501,530, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,465 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Hipsburn Steadings, Alnwick was last sold on 12 Dec 2017 for £420,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2017, the market for similar properties has risen 27.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Hipsburn Steadings, Alnwick within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 3, The Coppice, Alnwick, NE66 3NP, a Freehold house which sold for £475,000 in Jan 2024.
Read more about house prices in NE66.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hipsburn Steadings, Lesbury, Alnwick, NE66 has a total of 9 addresses. According to our analysis of all the public data, 1, Hipsburn Steadings, Alnwick is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in NE66.
The closest station to 1, Hipsburn Steadings, Alnwick is Alnmouth station which is 400 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 1, Hipsburn Steadings, Alnwick, 43.5% of property is privately owned outright and 22.7% is privately rented.
The graph below shows how this compares to Greater London 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 1, Hipsburn Steadings, Alnwick, 14.9% of residents are recorded as possessing school level qualifications and 48.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Hipsburn Steadings, Alnwick, the average age was 49 and the most common age was 62.
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 1, Hipsburn Steadings, Alnwick, 2.4% 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 1, Hipsburn Steadings, Alnwick, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.