According to the public record, The Cottage, Laker Hall Farm, Stocksfield is a modern freehold house with 1,227 ft2 of internal area and sits on a 1,254 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newton, Stocksfield, NE43 is located within the NE43 postal district.
The Cottage, Laker Hall Farm, Stocksfield has 31 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated March 2016.
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 The Cottage Laker Hall Farm Stocksfield as £421,060 and the rental value as £1,168 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of The Cottage Laker Hall Farm Stocksfield has increased by £3,586 (0.9%) and its rental value has increased by £72 per month (6.2%).
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 The Cottage, Laker Hall Farm, Stocksfield is in very good condition we estimate a sale value of £442,113 and rental value of £1,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,586 and a rental value of £1,086 per month.
If you were able to purchase this property for the estimated value of £421,060, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,069 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, The Cottage, Laker Hall Farm, Stocksfield sits on a plot of 1254m2.
We have plot size data on 6 out of 7 other houses in the postcode and The Cottage, Laker Hall Farm, Stocksfield sits on the largest plot.
According to HM Land Registry, The Cottage, Laker Hall Farm, Stocksfield was last sold on 15 Dec 2016 for £280,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2016, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Cottage, Laker Hall Farm, Stocksfield within a radius of 5.6 kilometres over the last 2 years.
The most recent example is Finibus, Newcastle Upon Tyne, NE15 0QD, a Freehold house which sold for £375,000 in Apr 2021.
Read more about house prices in NE43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newton, Stocksfield, NE43 has a total of 115 addresses. According to our analysis of all the public data, The Cottage, Laker Hall Farm, Stocksfield is the 98th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in NE43.
The Cottage, Laker Hall Farm, Stocksfield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to The Cottage, Laker Hall Farm, Stocksfield is Prudhoe station which is 5.3 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 The Cottage, Laker Hall Farm, Stocksfield, 36.4% of property is privately owned outright and 31.0% 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 The Cottage, Laker Hall Farm, Stocksfield, 16.3% of residents are recorded as possessing school level qualifications and 41.9% 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 The Cottage, Laker Hall Farm, Stocksfield, 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 The Cottage, Laker Hall Farm, Stocksfield, 1.0% 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 The Cottage, Laker Hall Farm, Stocksfield, 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.