According to the public record, 64, Gibson Street, Newbiggin-By-The-Sea is a modern freehold house with 1,108 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gibson Street, Newbiggin-By-The-Sea, NE64 is located within the NE64 postal district.
64, Gibson Street, Newbiggin-By-The-Sea has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated June 2017.
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 64 Gibson Street Newbiggin-By-The-Sea as £226,651 and the rental value as £789 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 64 Gibson Street Newbiggin-By-The-Sea has increased by £1,288 (0.6%) and its rental value has increased by £64 per month (8.2%).
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 64, Gibson Street, Newbiggin-By-The-Sea is in very good condition we estimate a sale value of £237,983 and rental value of £829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,785 and a rental value of £734 per month.
If you were able to purchase this property for the estimated value of £226,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,114 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, 64, Gibson Street, Newbiggin-By-The-Sea sits on a plot of 184m2.
We have plot size data on 12 out of 12 other houses in the postcode and 64, Gibson Street, Newbiggin-By-The-Sea sits on the 10th largest plot.
According to HM Land Registry, 64, Gibson Street, Newbiggin-By-The-Sea was last sold on 20 Dec 2023 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 64, Gibson Street, Newbiggin-By-The-Sea within a radius of 800 metres over the last 2 years.
The most recent example is 46, Gibson Street, Newbiggin-By-The-Sea, NE64 6UT, a Freehold house which sold for £230,000 in Jun 2024.
Read more about house prices in NE64.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gibson Street, Newbiggin-By-The-Sea, NE64 has a total of 48 addresses. According to our analysis of all the public data, 64, Gibson Street, Newbiggin-By-The-Sea is the 32nd largest and the 12th most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in NE64.
64, Gibson Street, Newbiggin-By-The-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 64, Gibson Street, Newbiggin-By-The-Sea is Ashington station which is 3.6 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 64, Gibson Street, Newbiggin-By-The-Sea, 42.8% of property is privately owned outright and 26.5% 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 64, Gibson Street, Newbiggin-By-The-Sea, 18.9% of residents are recorded as possessing school level qualifications and 29.6% 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 64, Gibson Street, 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 64, Gibson Street, Newbiggin-By-The-Sea, 1.1% 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 64, Gibson Street, 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.