2 Milburn Terrace

    2, MILBURN TERRACE, CHOPPINGTON, NE62 5UN

    This terraced freehold property on Milburn Terrace last sold in October 2022 for £87,500. Based on price growth in the NE62 district since then, its estimated current value is £92,937 — placing it in the 3rd percentile nationally and the 21st percentile within NE62. The property covers 67 m² (721 sq ft), giving an estimated value of £1,387 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    67 m²

    (721 sq ft)

    Last Sale Price

    £87,500

    Oct 2022

    Estimated Valuation

    £92,937

    Est. £/m²

    £1,387/m²

    £129/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area67 m² (721 sq ft)
    EPC dateJun 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Oct 2022

    £87,500

    12 Jun 2020

    £77,500

    23 Feb 2016

    £85,000

    Key Metrics

    Estimated valuation£92,937
    Value per m² / sq ft£1,387/m² (£129/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE62 district percentile21st percentile
    National percentile3rd percentile

    District Context — NE62

    NE62 covers rural areas in Northumberland, positioned in the north-east of England away from major urban centres. It is a predominantly quiet, older residential district with a strong community focus.

    Average Property Price - NE62

    £148,057

    3

    National percentile

    Average Net Household Income - NE62

    £32,000

    14

    National percentile

    10-Year Annualised Price Growth - NE62

    3.6%

    53

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE62

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