The Old Stables Milkwell Farm Milkwell Lane

    THE OLD STABLES MILKWELL FARM, MILKWELL LANE, CORBRIDGE, NE45 5QG

    This detached freehold property on Milkwell Lane last sold in July 2018 for £570,000. Based on price growth in the NE45 district since then, its estimated current value is £576,029 — placing it in the 84th percentile nationally and the 75th percentile within NE45. The property covers 210 m² (2,260 sq ft), giving an estimated value of £2,743 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    210 m²

    (2,260 sq ft)

    Last Sale Price

    £570,000

    Jul 2018

    Estimated Valuation

    £576,029

    Est. £/m²

    £2,743/m²

    £255/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area210 m² (2,260 sq ft)
    EPC dateMay 2017
    WallsSandstone or limestone, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jul 2018

    £570,000

    3 Dec 2002

    £390,000

    27 Sept 1996

    New build

    £60,000

    Key Metrics

    Estimated valuation£576,029
    Value per m² / sq ft£2,743/m² (£255/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE45 district percentile75th percentile
    National percentile84th 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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