Westwood Marchburn Lane

    WESTWOOD, MARCHBURN LANE, RIDING MILL, NE44 6DN

    This detached freehold property on Marchburn Lane last sold in March 2014 for £550,000. Based on price growth in the NE44 district since then, its estimated current value is £1,010,554 — placing it in the 96th percentile nationally and the 82nd percentile within NE44. The property covers 290 m² (3,122 sq ft), giving an estimated value of £3,485 per m². The EPC rating is F, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    290 m²

    (3,122 sq ft)

    Last Sale Price

    £550,000

    Mar 2014

    Estimated Valuation

    £1,010,554

    Est. £/m²

    £3,485/m²

    £324/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms13
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialD
    Floor area290 m² (3,122 sq ft)
    EPC dateJan 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Mar 2014

    £550,000

    21 Sept 2001

    £424,000

    Key Metrics

    Estimated valuation£1,010,554
    Value per m² / sq ft£3,485/m² (£324/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE44 district percentile82nd percentile
    National percentile96th percentile

    District Context — NE44

    NE44 covers the Hexham area and surrounding parishes in rural Northumberland, situated in the far north-east of England. It is a quieter, countryside-focused district with appeal to those seeking a slower pace of life away from urban centres.

    Average Property Price - NE44

    £687,187

    93

    National percentile

    Average Net Household Income - NE44

    £393

    0

    National percentile

    10-Year Annualised Price Growth - NE44

    6.4%

    98

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE44

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