According to the public record, 10, Cragside, Corbridge is a mid-century freehold house with 1,033 ft2 of internal area and sits on a 680 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cragside, Corbridge, NE45 is located within the NE45 postal district.
10, Cragside, Corbridge has 21 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated April 2016.
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 10 Cragside Corbridge as £482,000 and the rental value as £1,342 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 10 Cragside Corbridge has increased by £12,326 (2.6%) and its rental value has increased by £171 per month (12.8%).
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 10, Cragside, Corbridge is in very good condition we estimate a sale value of £506,100 and rental value of £1,410 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,260 and a rental value of £1,248 per month.
If you were able to purchase this property for the estimated value of £482,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,369 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, 10, Cragside, Corbridge sits on a plot of 680m2.
We have plot size data on 25 out of 35 other houses in the postcode and 10, Cragside, Corbridge sits on the 5th largest plot.
According to HM Land Registry, 10, Cragside, Corbridge was last sold on 21 Oct 2016 for £340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2016, the market for similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Cragside, Corbridge within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 26, Cragside, Corbridge, NE45 5EU, a Freehold house which sold for £555,000 in Oct 2023.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cragside, Corbridge, NE45 has a total of 35 addresses. According to our analysis of all the public data, 10, Cragside, Corbridge is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in NE45.
10, Cragside, Corbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Apr 2016.
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 10, Cragside, Corbridge is Corbridge station which is 1.9 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 10, Cragside, Corbridge, 62.8% of property is privately owned outright and 30.7% 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 10, Cragside, Corbridge, 14.4% of residents are recorded as possessing school level qualifications and 52.3% 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 10, Cragside, Corbridge, the average age was 43 and the most common age was 57.
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 10, Cragside, Corbridge, 0.9% 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 10, Cragside, Corbridge, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.