According to the public record, 43, Jameson Drive, Corbridge is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,432 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Jameson Drive, Corbridge, NE45 is located within the NE45 postal district.
43, Jameson Drive, Corbridge has 21 entries in the Land Registry database, most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 43 Jameson Drive Corbridge as £548,982 and the rental value as £1,375 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 43 Jameson Drive Corbridge has increased by £4,857 (0.9%) and its rental value has increased by £150 per month (10.9%).
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 43, Jameson Drive, Corbridge is in very good condition we estimate a sale value of £576,431 and rental value of £1,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,553 and a rental value of £1,278 per month.
If you were able to purchase this property for the estimated value of £548,982, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,698 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, 43, Jameson Drive, Corbridge was last sold on 17 Apr 2007 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Jameson Drive, Corbridge within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 10, Jameson Drive, Corbridge, NE45 5EX, a Freehold house which sold for £600,000 in Jul 2023.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jameson Drive, Corbridge, NE45 has a total of 48 addresses. According to our analysis of all the public data, 43, Jameson Drive, Corbridge is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £229k more expensive than the average property in NE45.
The closest station to 43, Jameson Drive, Corbridge is Corbridge station which is 2.0 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 43, Jameson Drive, 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 43, Jameson Drive, 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 43, Jameson 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 43, Jameson Drive, 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 43, Jameson Drive, 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.