According to the public record, 15, College Road, Ashington is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
College Road, Ashington, NE63 is located within the NE63 postal district.
15, College Road, Ashington has 51 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated June 2019.
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 15 College Road Ashington as £58,578 and the rental value as £387 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 15 College Road Ashington has increased by £314 (0.5%) and its rental value has increased by £32 per month (8.3%).
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 15, College Road, Ashington is in very good condition we estimate a sale value of £61,507 and rental value of £406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £54,478 and a rental value of £359 per month.
If you were able to purchase this property for the estimated value of £58,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £288 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, 15, College Road, Ashington was last sold on 04 Mar 2020 for £55,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Mar 2020, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, College Road, Ashington within a radius of 560 metres over the last 2 years.
The most recent example is 47, College Road, Ashington, NE63 0TX, a Leasehold flat which sold for £59,000 in Dec 2021.
Read more about house prices in NE63.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
College Road, Ashington, NE63 has a total of 144 addresses. According to our analysis of all the public data, 15, College Road, Ashington is the 60th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in NE63.
15, College Road, Ashington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, College Road, Ashington is Ashington station which is 1.9 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 15, College Road, Ashington, 45.3% of property is socially rented and 21.9% is privately rented.
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 15, College Road, Ashington, 12.5% of residents are recorded as possessing school level qualifications and 21.1% 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 15, College Road, Ashington, the average age was 39.9 and the most common age was 32.
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 15, College Road, Ashington, 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 15, College Road, Ashington, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.