According to the public record, 8, Seafield Road, Blyth is a mid-century leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Seafield Road, Blyth, NE24 is located within the NE24 postal district.
8, Seafield Road, Blyth has 31 entries in the Land Registry database, most recently in April 2019 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 8 Seafield Road Blyth as £77,123 and the rental value as £497 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 8 Seafield Road Blyth has increased by £891 (1.2%) and its rental value has increased by £40 per month (8.1%).
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 8, Seafield Road, Blyth is in very good condition we estimate a sale value of £80,979 and rental value of £522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,725 and a rental value of £462 per month.
If you were able to purchase this property for the estimated value of £77,123, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £379 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 HM Land Registry, 8, Seafield Road, Blyth was last sold on 05 Apr 2019 for £70,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2019, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Seafield Road, Blyth within a radius of 69m over the last 2 years.
The most recent example is 23, Wansbeck Avenue, Blyth, NE24 3LF, a Leasehold flat which sold for £73,500 in Sep 2023.
Read more about house prices in NE24.
Seafield Road, Blyth, NE24 has a total of 28 addresses. According to our analysis of all the public data, 8, Seafield Road, Blyth is the 13th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in NE24.
8, Seafield Road, Blyth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2013.
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 8, Seafield Road, Blyth is Newsham station which is 1.8 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 8, Seafield Road, Blyth, 42.4% of property is privately owned outright and 27.1% is socially 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 8, Seafield Road, Blyth, 6.2% of residents are recorded as possessing school level qualifications and 23.0% 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 8, Seafield Road, 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 8, Seafield Road, 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 8, Seafield 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.