2 Chains Drive, Corbridge, NE45 5BP is a freehold semi-detached property built between 2003-2006. The property offers approximately 1,905 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £547,257 , which equates to approximately £287 per square foot. It was last sold on 11 Mar 2016 for £365,000. Since then, the value has increased by £182,257, representing a 49.9% increase, or approximately 5.1% per year.

The current estimated value of £547,257 is:

  • 21.9% higher than the average property price on Chains Drive
  • 28.7% higher than the average in the NE45 5BP postcode area
  • and 12.3% higher than the average price for Corbridge as a whole

At the most recent EPC inspection on 12 November 2015, the property was recorded as owner-occupied.

View sold house prices in NE45 5BP

Building approximate location

About Property

Type
Semi-Detached House
Built
2003-2006
Interior Size
1905 sq ft
Tenure
Freehold
Price (estimate)
£547,257
Price Per sq ft (estimate)
£287
Bedroom Count (estimate)
6 bedrooms

EPC Summary

2 Chains Drive, Corbridge, Northumberland, NE45 5BP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Nov 2015.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Sandstone or limestone, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 21% of fixed outlets
Poor

Compared to NE45 5BP

9 th / 25
Price Rank
29% higher than average
1 st / 22
Size Rank
38% bigger than average
17 th / 22
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NE45 5BP , this house's estimated value ranks 9th out of 25. Based on price per square foot, it ranks 17th out of 22 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 22 properties in its postcode area.

Sale History

Today
£547,257
streetscan.co.uk estimate
+50 %
11 Mar 2016
£365,000
Leasehold
0 %
18 Dec 2006
£365,000
Leasehold

Area Insights

Similar Properties Sold Nearby

4 Chains Drive, Corbridge, NE45 5BP
rooms: 8
size: 1625 sq ft
sale price: £320,000
sale date: 8 Jan 2016
17 Chains Drive, Corbridge, NE45 5BP
rooms: 8
size: 1857 sq ft
sale price: £320,000
sale date: 29 May 2015

Data Sources

The property at 2 Chains Drive, Corbridge, NE45 5BP appears two times in the Land Registry records, with the latest transaction recorded on 11 Mar 2016. It also has a single Energy Performance Certificate (EPC) from 12 Nov 2015. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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