According to the public record, 55, First Avenue, Blyth is a mid-century house with 775 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
First Avenue, Blyth, NE24 is located within the NE24 postal district.
55, First Avenue, Blyth has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 55 First Avenue Blyth as £83,785 and the rental value as £510 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 55 First Avenue Blyth has increased by £1,859 (2.2%) and its rental value has increased by £47 per month (9.2%).
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 55, First Avenue, Blyth is in very good condition we estimate a sale value of £87,974 and rental value of £536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,920 and a rental value of £474 per month.
If you were able to purchase this property for the estimated value of £83,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £412 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, First Avenue, Blyth within a radius of 436m over the last 2 years.
The most recent example is 18, Eleventh Avenue, Blyth, NE24 2PX, a Freehold house which sold for £75,000 in Jul 2023.
Read more about house prices in NE24.
First Avenue, Blyth, NE24 has a total of 74 addresses. According to our analysis of all the public data, 55, First Avenue, Blyth is the 58th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in NE24.
55, First Avenue, Blyth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 2022.
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 55, First Avenue, Blyth is Newsham station which is 1.9 km 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 55, First Avenue, Blyth, 66.9% of property is socially rented and 12.9% 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 55, First Avenue, Blyth, 19.0% of residents are recorded as possessing school level qualifications and 11.1% 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 55, First Avenue, Blyth, the average age was 41.7 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 55, First Avenue, Blyth, 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 55, First Avenue, Blyth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.