According to the public record, The Old Orchard, Corbridge is a modern freehold house with 2,906 ft2 of internal area and sits on a 795 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Crofts Avenue, Corbridge, NE45 is located within the NE45 postal district.
The Old Orchard, Corbridge has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated January 2017.
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 Old Orchard Corbridge as £726,261 and the rental value as £2,130 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of The Old Orchard Corbridge has increased by £2,328 (0.3%) and its rental value has increased by £218 per month (10.2%).
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 Old Orchard, Corbridge is in very good condition we estimate a sale value of £762,574 and rental value of £2,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £675,423 and a rental value of £1,981 per month.
If you were able to purchase this property for the estimated value of £726,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,569 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 Old Orchard, Corbridge sits on a plot of 795m2.
We have plot size data on 16 out of 30 other houses in the postcode and The Old Orchard, Corbridge sits on the 10th largest plot.
According to HM Land Registry, The Old Orchard, Corbridge was last sold on 09 Apr 2021 for £715,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Orchard, Corbridge within a radius of 2.3 kilometres over the last 2 years.
The most recent example is Raven Hurst, Aydon Road, Corbridge, NE45 5EH, a Freehold house which sold for £750,000 in Feb 2024.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crofts Avenue, Corbridge, NE45 has a total of 53 addresses. According to our analysis of all the public data, The Old Orchard, Corbridge is the largest and the most expensive property on the street.
When compared to the postcode district it is £406k more expensive than the average property in NE45.
The Old Orchard, Corbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jan 2017.
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 The Old Orchard, Corbridge is Corbridge station which is 1.2 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 Old Orchard, Corbridge, 61.4% of property is privately owned outright and 23.6% 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 The Old Orchard, Corbridge, 12.6% of residents are recorded as possessing school level qualifications and 46.5% 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 Old Orchard, 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 The Old Orchard, Corbridge, 2.2% 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 Old Orchard, Corbridge, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.