According to the public record, 76, Bolam Drive, Ashington is a mid-century apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Bolam Drive, Ashington, NE63 is located within the NE63 postal district.
76, Bolam Drive, Ashington has no records in the Land Registry database and a single entry in the EPC database dated August 2020.
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 76 Bolam Drive Ashington as £36,204 and the rental value as £263 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 76 Bolam Drive Ashington has increased by £194 (0.5%) and its rental value has increased by £22 per month (8.3%).
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 76, Bolam Drive, Ashington is in very good condition we estimate a sale value of £38,014 and rental value of £276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £33,670 and a rental value of £244 per month.
If you were able to purchase this property for the estimated value of £36,204, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £178 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 1 sale of a property similar to 76, Bolam Drive, Ashington within a radius of 510 metres over the last 2 years.
The most recent example is 16, College Place, Ashington, NE63 9QZ, a Leasehold flat which sold for £38,000 in Sep 2016.
Read more about house prices in NE63.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bolam Drive, Ashington, NE63 has a total of 28 addresses. According to our analysis of all the public data, 76, Bolam Drive, Ashington is the 20th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in NE63.
76, Bolam Drive, Ashington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Aug 2020.
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 76, Bolam Drive, Ashington is Ashington station which is 1.6 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 76, Bolam Drive, Ashington, 52.0% of property is socially rented and 19.7% 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 76, Bolam Drive, Ashington, 15.0% of residents are recorded as possessing school level qualifications and 15.4% 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 76, Bolam Drive, Ashington, the average age was 39.9 and the most common age was 32.
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 76, Bolam Drive, Ashington, 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 76, Bolam Drive, Ashington, 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.