According to the public record, 14, Lesbury Avenue, Choppington is a mid-century leasehold apartment with 269 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lesbury Avenue, Choppington, NE62 is located within the NE62 postal district.
14, Lesbury Avenue, Choppington has a single entry in the Land Registry database from December 2007 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Lesbury Avenue Choppington as £34,168 and the rental value as £256 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 14 Lesbury Avenue Choppington has increased by £292 (0.9%) and its rental value has increased by £22 per month (8.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 14, Lesbury Avenue, Choppington is in very good condition we estimate a sale value of £35,876 and rental value of £269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £31,776 and a rental value of £238 per month.
If you were able to purchase this property for the estimated value of £34,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £168 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 14, Lesbury Avenue, Choppington was last sold on 21 Dec 2007 for £42,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has dropped 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Lesbury Avenue, Choppington within a radius of 810 metres over the last 2 years.
The most recent example is 24, Lesbury Avenue, Choppington, NE62 5YD, a Leasehold flat which sold for £35,000 in Feb 2024.
Read more about house prices in NE62.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lesbury Avenue, Choppington, NE62 has a total of 27 addresses. According to our analysis of all the public data, 14, Lesbury Avenue, Choppington is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in NE62.
14, Lesbury Avenue, Choppington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 14, Lesbury Avenue, Choppington is Ashington station which is 2.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Lesbury Avenue, Choppington, 63.6% of property is privately owned outright and 25.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 14, Lesbury Avenue, Choppington, 9.4% of residents are recorded as possessing school level qualifications and 28.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 14, Lesbury Avenue, Choppington, the average age was 45.1 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 14, Lesbury Avenue, Choppington, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 14, Lesbury Avenue, Choppington, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.