3 Corchester Avenue

    3, CORCHESTER AVENUE, CORBRIDGE, NE45 5NR

    This terraced freehold property on Corchester Avenue last sold in October 2020 for £325,000. Based on price growth in the NE45 district since then, its estimated current value is £391,766 — placing it in the 66th percentile nationally and the 49th percentile within NE45. The property covers 142 m² (1,528 sq ft), giving an estimated value of £2,759 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    142 m²

    (1,528 sq ft)

    Last Sale Price

    £325,000

    Oct 2020

    Estimated Valuation

    £391,766

    Est. £/m²

    £2,759/m²

    £256/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area142 m² (1,528 sq ft)
    EPC dateMay 2019
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Oct 2020

    £325,000

    30 Sept 2019

    £317,500

    Key Metrics

    Estimated valuation£391,766
    Value per m² / sq ft£2,759/m² (£256/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE45 district percentile49th percentile
    National percentile66th 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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