According to the public record, 16, Front Street, Corbridge is a period freehold house with 721 ft2 of internal area and sits on a 68.1 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Front Street, Corbridge, NE45 is located within the NE45 postal district.
16, Front Street, Corbridge has 41 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated May 2023.
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 16 Front Street Corbridge as £273,636 and the rental value as £1,124 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 16 Front Street Corbridge has increased by £6,536 (2.4%) and its rental value has increased by £141 per month (12.5%).
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 16, Front Street, Corbridge is in very good condition we estimate a sale value of £287,317 and rental value of £1,180 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,481 and a rental value of £1,046 per month.
If you were able to purchase this property for the estimated value of £273,636, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,345 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, 16, Front Street, Corbridge sits on a plot of 68m2.
We have plot size data on 16 out of 24 other houses in the postcode and 16, Front Street, Corbridge sits on the 10th largest plot.
According to HM Land Registry, 16, Front Street, Corbridge was last sold on 08 Jan 2024 for £200,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jan 2024, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Front Street, Corbridge within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 16, Princes Street, Corbridge, NE45 5DB, a Freehold house which sold for £130,000 in Oct 2022.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Front Street, Corbridge, NE45 has a total of 25 addresses. According to our analysis of all the public data, 16, Front Street, Corbridge is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in NE45.
16, Front Street, Corbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 May 2023.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 16, Front Street, Corbridge is Corbridge station which is 800 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 16, Front Street, Corbridge, 44.1% of property is privately owned outright and 37.2% 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 16, Front Street, Corbridge, 7.3% of residents are recorded as possessing school level qualifications and 50.9% 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 16, Front Street, 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 16, Front Street, Corbridge, 0.8% 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 16, Front Street, Corbridge, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.