According to the public record, 687, Plessey Road, Blyth is a period freehold house with 1,528 ft2 of internal area and sits on a 118 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Plessey Road, Blyth, NE24 is located within the NE24 postal district.
687, Plessey Road, Blyth has a single entry in the Land Registry database from February 2008 and a single entry in the EPC database dated May 2019.
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 687 Plessey Road Blyth as £119,393 and the rental value as £563 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 687 Plessey Road Blyth has increased by £793 (0.7%) and its rental value has increased by £43 per month (7.7%).
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 687, Plessey Road, Blyth is in very good condition we estimate a sale value of £125,363 and rental value of £591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,036 and a rental value of £524 per month.
If you were able to purchase this property for the estimated value of £119,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £587 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, 687, Plessey Road, Blyth sits on a plot of 118m2.
We have plot size data on 5 out of 8 other houses in the postcode and 687, Plessey Road, Blyth sits on the largest plot.
According to HM Land Registry, 687, Plessey Road, Blyth was last sold on 01 Feb 2008 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 687, Plessey Road, Blyth within a radius of 610 metres over the last 2 years.
The most recent example is 27, Winship Street, Blyth, NE24 4NH, a Freehold house which sold for £70,000 in Mar 2019.
Read more about house prices in NE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plessey Road, Blyth, NE24 has a total of 547 addresses. According to our analysis of all the public data, 687, Plessey Road, Blyth is the 16th largest and the 212th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in NE24.
687, Plessey Road, Blyth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2019.
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 687, Plessey Road, Blyth is Newsham station which is 1.1 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 687, Plessey Road, Blyth, 34.5% of property is socially rented and 24.6% 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 687, Plessey Road, Blyth, 23.6% of residents are recorded as possessing school level qualifications and 18.5% 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 687, Plessey Road, Blyth, the average age was 37.8 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 687, Plessey Road, Blyth, 0.5% 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 687, Plessey Road, Blyth, 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.