According to the public record, 2, Locarno Place, Newbiggin-By-The-Sea is a early-century freehold house with 1,065 ft2 of internal area and sits on a 211 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Locarno Place, Newbiggin-By-The-Sea, NE64 is located within the NE64 postal district.
2, Locarno Place, Newbiggin-By-The-Sea has 3 entries in the Land Registry database, most recently in April 2024 and a single entry in the EPC database dated September 2023.
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 Locarno Place Newbiggin-By-The-Sea as £161,326 and the rental value as £764 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 2 Locarno Place Newbiggin-By-The-Sea has decreased by £1,468 (0.9%) and its rental value has increased by £50 per month (6.5%).
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, Locarno Place, Newbiggin-By-The-Sea is in very good condition we estimate a sale value of £169,392 and rental value of £802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,033 and a rental value of £711 per month.
If you were able to purchase this property for the estimated value of £161,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £793 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 data from HM Land Registry, 2, Locarno Place, Newbiggin-By-The-Sea sits on a plot of 211m2.
We have plot size data on 5 out of 10 other houses in the postcode and 2, Locarno Place, Newbiggin-By-The-Sea sits on the 2nd largest plot.
According to HM Land Registry, 2, Locarno Place, Newbiggin-By-The-Sea was last sold on 03 Apr 2024 for £170,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2024, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Locarno Place, Newbiggin-By-The-Sea within a radius of 620 metres over the last 2 years.
The most recent example is 10, North View, Newbiggin-By-The-Sea, NE64 6XX, a Freehold house which sold for £173,000 in May 2023.
Read more about house prices in NE64.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Locarno Place, Newbiggin-By-The-Sea, NE64 has a total of 10 addresses. According to our analysis of all the public data, 2, Locarno Place, Newbiggin-By-The-Sea is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in NE64.
2, Locarno Place, Newbiggin-By-The-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 2, Locarno Place, Newbiggin-By-The-Sea is Ashington station which is 3.8 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 2, Locarno Place, Newbiggin-By-The-Sea, 43.0% of property is privately owned outright and 24.2% 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 2, Locarno Place, Newbiggin-By-The-Sea, 10.3% of residents are recorded as possessing school level qualifications and 13.0% 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, Locarno Place, Newbiggin-By-The-Sea, the average age was 44.9 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 2, Locarno Place, Newbiggin-By-The-Sea, 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 2, Locarno Place, Newbiggin-By-The-Sea, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.