According to the public record, 57, Second Avenue, Blyth is a modern freehold house and with 764 ft2 of internal area and sits on a 202 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Second Avenue, Blyth, NE24 is located within the NE24 postal district.
57, Second Avenue, Blyth has 51 entries in the Land Registry database, most recently in March 2023 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 57 Second Avenue Blyth as £90,833 and the rental value as £555 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 57 Second Avenue Blyth has increased by £2,016 (2.2%) and its rental value has increased by £51 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 57, Second Avenue, Blyth is in very good condition we estimate a sale value of £95,374 and rental value of £583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,474 and a rental value of £516 per month.
If you were able to purchase this property for the estimated value of £90,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £446 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, 57, Second Avenue, Blyth sits on a plot of 202m2.
We have plot size data on 12 out of 37 other houses in the postcode and 57, Second Avenue, Blyth sits on the 7th largest plot.
According to HM Land Registry, 57, Second Avenue, Blyth was last sold on 24 Mar 2023 for £90,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Mar 2023, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Second Avenue, Blyth within a radius of 116m over the last 2 years.
The most recent example is 97, Second Avenue, Blyth, NE24 2SG, a Freehold house which sold for £74,000 in Aug 2022.
Read more about house prices in NE24.
Second Avenue, Blyth, NE24 has a total of 101 addresses. According to our analysis of all the public data, 57, Second Avenue, Blyth is the 47th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in NE24.
57, Second Avenue, Blyth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 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 57, Second Avenue, Blyth is Newsham station which is 2.0 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 57, Second Avenue, Blyth, 83.6% of property is socially rented and 6.6% 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 57, Second Avenue, Blyth, 21.8% of residents are recorded as possessing school level qualifications and 17.1% 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 57, Second 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 57, Second 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 57, Second Avenue, Blyth, 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.