According to the public record, Tower House, Corbridge is a period house with 1,151 ft2 of internal area and sits on a 148 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Market Place, Corbridge, NE45 is located within the NE45 postal district.
Tower House, Corbridge has no records in the Land Registry database and a single entry in the EPC database dated June 2024.
We combine this information with public data 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 Tower House Corbridge as £394,004 and the rental value as £1,309 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Tower House Corbridge has increased by £6,618 (1.7%) and its rental value has increased by £154 per month (11.7%).
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 Tower House, Corbridge is in very good condition we estimate a sale value of £413,704 and rental value of £1,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,424 and a rental value of £1,217 per month.
If you were able to purchase this property for the estimated value of £394,004, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,936 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, Tower House, Corbridge sits on a plot of 148m2.
We have plot size data on 7 out of 9 other houses in the postcode and Tower House, Corbridge sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Tower House, Corbridge within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 3, St. Helens Place, Corbridge, NE45 5BQ, a Freehold house which sold for £375,000 in Mar 2022.
Read more about house prices in NE45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Place, Corbridge, NE45 has a total of 25 addresses. According to our analysis of all the public data, Tower House, Corbridge is the 7th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in NE45.
Tower House, Corbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2024.
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 Tower House, Corbridge is Corbridge station which is 800 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 Tower House, Corbridge, 44.1% of property is privately owned outright and 37.2% is privately rented.
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 Tower House, Corbridge, 7.3% of residents are recorded as possessing school level qualifications and 50.9% 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 Tower House, 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 Tower House, Corbridge, 0.8% 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 Tower House, Corbridge, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.