According to the public record, Brewery House, Wylam is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,110 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Ovingham Road, Wylam, NE41 is located within the NE41 postal district.
Brewery House, Wylam has 2 entries in the Land Registry database, most recently in June 2016 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 Brewery House Wylam as £539,458 and the rental value as £1,336 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Brewery House Wylam has increased by £1,526 (0.3%) and its rental value has increased by £89 per month (6.7%).
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 Brewery House, Wylam is in very good condition we estimate a sale value of £566,431 and rental value of £1,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,696 and a rental value of £1,242 per month.
If you were able to purchase this property for the estimated value of £539,458, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,651 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, Brewery House, Wylam was last sold on 22 Jun 2016 for £412,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2016, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Brewery House, Wylam within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 12, Stephenson Terrace, Wylam, NE41 8DZ, a Freehold house which sold for £435,000 in May 2024.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ovingham Road, Wylam, NE41 has a total of 12 addresses. According to our analysis of all the public data, Brewery House, Wylam is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £293k more expensive than the average property in NE41.
The closest station to Brewery House, Wylam is Wylam station which is 700 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 Brewery House, Wylam, 61.4% of property is privately owned outright and 23.5% 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 Brewery House, Wylam, 19.8% of residents are recorded as possessing school level qualifications and 70.3% 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 Brewery House, Wylam, the average age was 47 and the most common age was 52.
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 Brewery House, Wylam, 2.5% 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 Brewery House, Wylam, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.