According to the public record, 28, Friesian Drive, Corbridge is a modern freehold house with 1,883 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Friesian Drive, Roman Heights, Corbridge, NE45 is located within the NE45 postal district.
28, Friesian Drive, Corbridge has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated October 2022.
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 good condition, we estimate the current sale value for 28 Friesian Drive Corbridge as £557,079 and the rental value as £1,808 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 28 Friesian Drive Corbridge has increased by £1,786 (0.3%) and its rental value has increased by £185 per month (10.2%).
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 28, Friesian Drive, Corbridge is in very good condition we estimate a sale value of £584,933 and rental value of £1,899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,084 and a rental value of £1,682 per month.
If you were able to purchase this property for the estimated value of £557,079, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,738 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, 28, Friesian Drive, Corbridge was last sold on 28 Oct 2022 for £549,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Friesian Drive, Corbridge within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 42, Friesian Drive, Corbridge, NE45 5SN, a Freehold house which sold for £549,950 in Jul 2023.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friesian Drive, Roman Heights, Corbridge, NE45 has a total of 63 addresses. According to our analysis of all the public data, 28, Friesian Drive, Corbridge is the largest and the most expensive property on the street.
When compared to the postcode district it is £237k more expensive than the average property in NE45.
28, Friesian Drive, Corbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 28, Friesian Drive, Corbridge is Corbridge station which is 1.7 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 28, Friesian Drive, Corbridge, 48.5% of property is privately owned outright and 27.6% 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 28, Friesian Drive, Corbridge, 13.1% of residents are recorded as possessing school level qualifications and 40.5% 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 28, Friesian Drive, 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 28, Friesian Drive, Corbridge, 0.7% 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 28, Friesian Drive, Corbridge, 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.