According to the public record, Green Gates, Corbridge is a modern freehold house with 814 ft2 of internal area and sits on a 449 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Crofts Way, Corbridge, NE45 is located within the NE45 postal district.
Green Gates, Corbridge has 21 entries in the Land Registry database, most recently in November 2014 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 Green Gates Corbridge as £327,035 and the rental value as £1,257 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Green Gates Corbridge has increased by £8,363 (2.6%) and its rental value has increased by £161 per month (12.8%).
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 Green Gates, Corbridge is in very good condition we estimate a sale value of £343,387 and rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,143 and a rental value of £1,169 per month.
If you were able to purchase this property for the estimated value of £327,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,607 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, Green Gates, Corbridge sits on a plot of 449m2.
We have plot size data on 16 out of 21 other houses in the postcode and Green Gates, Corbridge sits on the 6th largest plot.
According to HM Land Registry, Green Gates, Corbridge was last sold on 03 Nov 2014 for £395,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2014, the market for similar properties has risen 35.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Green Gates, Corbridge within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 47, Crofts Avenue, Corbridge, NE45 5LY, a Freehold house which sold for £345,000 in Jan 2024.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crofts Way, Corbridge, NE45 has a total of 21 addresses. According to our analysis of all the public data, Green Gates, Corbridge is the 21st largest and the 15th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in NE45.
Green Gates, Corbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Green Gates, Corbridge is Corbridge station which is 1.1 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 Green Gates, Corbridge, 68.8% of property is privately owned outright and 25.6% 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 Green Gates, Corbridge, 13.2% of residents are recorded as possessing school level qualifications and 51.3% 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 Green Gates, 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 Green Gates, Corbridge, 4.6% 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 Green Gates, Corbridge, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.