According to the public record, 3 Bradley Court, Bradley Hall is a period leasehold apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Bradley Hall, Wylam, NE41.
Wylam, NE41 is located in the borough of Gateshead within the NE41 postal district.
3 Bradley Court, Bradley Hall has 21 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated April 2010.
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 3 Bradley Court Bradley Hall as £254,060 and the rental value as £1,295 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 3 Bradley Court Bradley Hall has increased by £5,007 (2.0%) and its rental value has increased by £122 per month (9.4%).
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 3 Bradley Court, Bradley Hall is in very good condition we estimate a sale value of £266,763 and rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,276 and a rental value of £1,204 per month.
If you were able to purchase this property for the estimated value of £254,060, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,249 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, 3 Bradley Court, Bradley Hall was last sold on 01 Feb 2016 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2016, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Bradley Court, Bradley Hall within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 9 Wylam Grange, Station Road, Wylam, NE41 8JA, a Leasehold flat which sold for £275,000 in Jun 2021.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wylam, NE41 has a total of 146 addresses. According to our analysis of all the public data, 3 Bradley Court, Bradley Hall is the 92nd largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NE41.
3 Bradley Court, Bradley Hall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Bradley Court, Bradley Hall is Wylam station which is 1.2 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 3 Bradley Court, Bradley Hall, 45.1% of property is privately owned with a mortgage and 40.5% is privately owned outright.
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 3 Bradley Court, Bradley Hall, 14.5% of residents are recorded as possessing school level qualifications and 45.7% 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 3 Bradley Court, Bradley Hall, the average age was 44.8 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 3 Bradley Court, Bradley Hall, 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 3 Bradley Court, Bradley Hall, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.