According to the public record, Dipton Cottage is a period freehold house with 2,077 ft2 of internal area and sits on a 40,344 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Corbridge, NE45 is located within the NE45 postal district.
Dipton Cottage has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated October 2018.
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 Dipton Cottage as £924,999 and the rental value as £2,364 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Dipton Cottage has increased by £3,330 (0.4%) and its rental value has increased by £275 per month (11.6%).
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 Dipton Cottage is in very good condition we estimate a sale value of £971,249 and rental value of £2,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £860,249 and a rental value of £2,198 per month.
If you were able to purchase this property for the estimated value of £924,999, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,546 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, Dipton Cottage sits on a plot of 40344m2.
We have plot size data on 4 out of 8 other houses in the postcode and Dipton Cottage sits on the 2nd largest plot.
According to HM Land Registry, Dipton Cottage was last sold on 20 Mar 2014 for £645,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Dipton Cottage within a radius of 3.7 kilometres over the last 2 years.
The most recent example is Garden House, Sandy Bank, Riding Mill, NE44 6HT, a Freehold house which sold for £790,000 in Jan 2023.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corbridge, NE45 has a total of 249 addresses. According to our analysis of all the public data, Dipton Cottage is the 69th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £605k more expensive than the average property in NE45.
Dipton Cottage has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Oct 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Dipton Cottage is Corbridge station which is 2.5 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 Dipton Cottage, 48.8% of property is privately owned outright and 26.1% 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 Dipton Cottage, 18.0% of residents are recorded as possessing school level qualifications and 52.6% 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 Dipton Cottage, 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 Dipton Cottage, 1.5% 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 Dipton Cottage, 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.