12 Chains Drive

    12, CHAINS DRIVE, CORBRIDGE, NE45 5BP

    This terraced freehold property on Chains Drive last sold in November 2015 for £315,000. Based on price growth in the NE45 district since then, its estimated current value is £427,606 — placing it in the 71st percentile nationally and the 54th percentile within NE45. The property covers 145 m² (1,561 sq ft), giving an estimated value of £2,949 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    145 m²

    (1,561 sq ft)

    Last Sale Price

    £315,000

    Nov 2015

    Estimated Valuation

    £427,606

    Est. £/m²

    £2,949/m²

    £274/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area145 m² (1,561 sq ft)
    EPC dateMay 2015
    WallsSandstone or limestone, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 2015

    £315,000

    12 Jul 2007

    New build

    £450,000

    Key Metrics

    Estimated valuation£427,606
    Value per m² / sq ft£2,949/m² (£274/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE45 district percentile54th percentile
    National percentile71st percentile

    District Context — NE45

    NE45 covers the rural areas around Hexham and Allendale in Northumberland, situated in the North East of England. It is characterised by countryside communities with a strong local character and appeal to those seeking space and a quieter lifestyle.

    Average Property Price - NE45

    £416,612

    70

    National percentile

    Average Net Household Income - NE45

    £869

    0

    National percentile

    10-Year Annualised Price Growth - NE45

    3.4%

    43

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE45

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