1 The Riggs

    1, THE RIGGS, CORBRIDGE, NE45 5JX

    This terraced freehold property on The Riggs last sold in November 2022 for £240,000. Based on price growth in the NE45 district since then, its estimated current value is £251,511 — placing it in the 38th percentile nationally and the 23rd percentile within NE45. The property covers 86 m² (926 sq ft), giving an estimated value of £2,925 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    86 m²

    (926 sq ft)

    Last Sale Price

    £240,000

    Nov 2022

    Estimated Valuation

    £251,511

    Est. £/m²

    £2,925/m²

    £272/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area86 m² (926 sq ft)
    EPC dateSept 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2022

    £240,000

    30 Oct 2019

    £175,000

    11 Apr 2013

    £157,000

    3 Aug 2007

    £181,000

    Key Metrics

    Estimated valuation£251,511
    Value per m² / sq ft£2,925/m² (£272/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE45 district percentile23rd percentile
    National percentile38th 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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