According to the public record, 11, Carham Close, Corbridge is a mid-century freehold house with 990 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Carham Close, Corbridge, NE45 is located within the NE45 postal district.
11, Carham Close, Corbridge has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated December 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 11 Carham Close Corbridge as £286,810 and the rental value as £1,237 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 11 Carham Close Corbridge has increased by £7,334 (2.6%) and its rental value has increased by £158 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 11, Carham Close, Corbridge is in very good condition we estimate a sale value of £301,151 and rental value of £1,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,734 and a rental value of £1,151 per month.
If you were able to purchase this property for the estimated value of £286,810, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,410 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, 11, Carham Close, Corbridge sits on a plot of 209m2.
We have plot size data on 7 out of 21 other houses in the postcode and 11, Carham Close, Corbridge sits on the 5th largest plot.
According to HM Land Registry, 11, Carham Close, Corbridge was last sold on 19 Feb 2021 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Carham Close, Corbridge within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 37, Crofts Avenue, Corbridge, NE45 5LZ, a Freehold house which sold for £325,000 in Jun 2023.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carham Close, Corbridge, NE45 has a total of 21 addresses. According to our analysis of all the public data, 11, Carham Close, Corbridge is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in NE45.
11, Carham Close, Corbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Dec 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 11, Carham Close, Corbridge is Corbridge station which is 1.1 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 11, Carham Close, Corbridge, 68.8% of property is privately owned outright and 25.6% 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 11, Carham Close, Corbridge, 13.2% of residents are recorded as possessing school level qualifications and 51.3% 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 11, Carham Close, 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 11, Carham Close, Corbridge, 4.6% 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 11, Carham Close, Corbridge, 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.