3 Chains Drive

    3, CHAINS DRIVE, CORBRIDGE, NE45 5BP

    This semi-detached freehold property on Chains Drive last sold in March 2014 for £385,000. Based on price growth in the NE45 district since then, its estimated current value is £486,357 — placing it in the 78th percentile nationally and the 64th percentile within NE45. The property covers 64 m² (689 sq ft), giving an estimated value of £7,599 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £385,000

    Mar 2014

    Estimated Valuation

    £486,357

    Est. £/m²

    £7,599/m²

    £706/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area64 m² (689 sq ft)
    EPC dateAug 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Mar 2014

    £385,000

    9 Dec 2004

    New build

    £389,995

    Key Metrics

    Estimated valuation£486,357
    Value per m² / sq ft£7,599/m² (£706/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE45 district percentile64th percentile
    National percentile78th 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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