According to the public record, 1, Prospect Place, Alnwick is a period freehold house with 592 ft2 of internal area and sits on a 30.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Prospect Place, Alnmouth, Alnwick, NE66 is located within the NE66 postal district.
1, Prospect Place, Alnwick has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Prospect Place Alnwick as £246,936 and the rental value as £1,012 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 1 Prospect Place Alnwick has increased by £1,828 (0.7%) and its rental value has increased by £65 per month (6.4%).
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, Prospect Place, Alnwick is in very good condition we estimate a sale value of £259,283 and rental value of £1,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,651 and a rental value of £941 per month.
If you were able to purchase this property for the estimated value of £246,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,214 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 data from HM Land Registry, 1, Prospect Place, Alnwick sits on a plot of 31m2.
We have plot size data on 4 out of 6 other houses in the postcode and 1, Prospect Place, Alnwick sits on the 3rd largest plot.
According to HM Land Registry, 1, Prospect Place, Alnwick was last sold on 22 Feb 2021 for £180,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Prospect Place, Alnwick within a radius of 4.9 kilometres over the last 2 years.
The most recent example is 1, The Square, Alnwick, NE66 3PW, a Freehold house which sold for £224,000 in Jan 2021.
Read more about house prices in NE66.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Place, Alnmouth, Alnwick, NE66 has a total of 8 addresses. According to our analysis of all the public data, 1, Prospect Place, Alnwick is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in NE66.
1, Prospect Place, Alnwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Prospect Place, Alnwick is Alnmouth station which is 1.6 kilometres 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, Prospect Place, Alnwick, 47.3% of property is privately owned outright and 20.4% is privately owned with a mortgage.
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, Prospect Place, Alnwick, 14.2% of residents are recorded as possessing school level qualifications and 38.9% 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, Prospect Place, 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, Prospect Place, Alnwick, 1.1% 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, Prospect Place, Alnwick, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.