According to the public record, 2, Acacia Terrace, Ashington is a period leasehold apartment and with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 2, Acacia Terrace, Ashington, NE63.
Acacia Terrace, Ashington, NE63 is located within the NE63 postal district.
2, Acacia Terrace, Ashington has a single entry in the Land Registry database from March 2008 and no records in the EPC database.
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 2 Acacia Terrace Ashington as £43,163 and the rental value as £322 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 2 Acacia Terrace Ashington has increased by £304 (0.7%) and its rental value has increased by £27 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 2, Acacia Terrace, Ashington is in very good condition we estimate a sale value of £45,321 and rental value of £338 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £40,141 and a rental value of £299 per month.
If you were able to purchase this property for the estimated value of £43,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £212 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, 2, Acacia Terrace, Ashington was last sold on 14 Mar 2008 for £46,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has dropped 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Acacia Terrace, Ashington within a radius of 148m over the last 2 years.
The most recent example is 74A, Poplar Street, Ashington, NE63 0AY, a Leasehold flat which sold for £39,999 in Mar 2024.
Read more about house prices in NE63.
Acacia Terrace, Ashington, NE63 has a total of 19 addresses. According to our analysis of all the public data, 2, Acacia Terrace, Ashington is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in NE63.
2, Acacia Terrace, Ashington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2021.
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 2, Acacia Terrace, Ashington is Ashington station which is 500 m 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 2, Acacia Terrace, Ashington, 38.5% of property is privately rented and 21.7% is socially 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 2, Acacia Terrace, Ashington, 23.8% of residents are recorded as possessing school level qualifications and 15.1% 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 2, Acacia Terrace, Ashington, the average age was 39 and the most common age was 27.
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 2, Acacia Terrace, Ashington, 0.7% 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 2, Acacia Terrace, 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.