According to the public record, 8, Seventh Avenue, Ashington is a modern freehold house with 807 ft2 of internal area and sits on a 116 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Seventh Avenue, Ashington, NE63 is located within the NE63 postal district.
8, Seventh Avenue, Ashington has 31 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated April 2022.
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 Seventh Avenue Ashington as £117,025 and the rental value as £668 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 Seventh Avenue Ashington has increased by £349 (0.3%) and its rental value has increased by £53 per month (8.0%).
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, Seventh Avenue, Ashington is in very good condition we estimate a sale value of £122,876 and rental value of £701 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,833 and a rental value of £621 per month.
If you were able to purchase this property for the estimated value of £117,025, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £575 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, 8, Seventh Avenue, Ashington sits on a plot of 116m2.
We have plot size data on 26 out of 43 other houses in the postcode and 8, Seventh Avenue, Ashington sits on the 5th largest plot.
According to HM Land Registry, 8, Seventh Avenue, Ashington was last sold on 04 Aug 2023 for £60,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Seventh Avenue, Ashington within a radius of 450 metres over the last 2 years.
The most recent example is 27, Seventh Avenue, Ashington, NE63 0QE, a Freehold house which sold for £99,000 in Jan 2024.
Read more about house prices in NE63.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seventh Avenue, Ashington, NE63 has a total of 44 addresses. According to our analysis of all the public data, 8, Seventh Avenue, Ashington is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in NE63.
8, Seventh Avenue, Ashington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 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 8, Seventh Avenue, Ashington is Ashington station which is 1.4 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 8, Seventh Avenue, Ashington, 39.9% of property is privately rented and 27.8% 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 8, Seventh Avenue, Ashington, 15.5% of residents are recorded as possessing school level qualifications and 16.7% 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, Seventh Avenue, 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 8, Seventh Avenue, Ashington, 0.6% 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, Seventh Avenue, Ashington, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.