Allen Cottage Cherry Tree Lane

    ALLEN COTTAGE, CHERRY TREE LANE, WYLAM, NE41 8AF

    This detached freehold property on Cherry Tree Lane last sold in March 2007 for £275,000. Based on price growth in the NE41 district since then, its estimated current value is £326,522 — placing it in the 55th percentile nationally and the 46th percentile within NE41. The property covers 163 m² (1,755 sq ft), giving an estimated value of £2,003 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    163 m²

    (1,755 sq ft)

    Last Sale Price

    £275,000

    Mar 2007

    Estimated Valuation

    £326,522

    Est. £/m²

    £2,003/m²

    £186/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area163 m² (1,755 sq ft)
    EPC dateMay 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Mar 2007

    £275,000

    12 Jul 2002

    £125,950

    Key Metrics

    Estimated valuation£326,522
    Value per m² / sq ft£2,003/m² (£186/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE41 district percentile46th percentile
    National percentile55th percentile

    District Context — NE41

    NE41 covers Prudhoe and the surrounding villages in the south-west of Northumberland, sitting between Newcastle and the Pennines. It is a semi-rural area with a strong community character and appeal to families and older residents seeking countryside living with modest property costs.

    Average Property Price - NE41

    £395,248

    66

    National percentile

    Average Net Household Income - NE41

    £42,483

    68

    National percentile

    10-Year Annualised Price Growth - NE41

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE41

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