According to the public record, 87, Canterbury Close, Ashington is a mid-century leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Canterbury Close, Ashington, NE63 is located within the NE63 postal district.
87, Canterbury Close, Ashington has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated September 2020.
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 87 Canterbury Close Ashington as £46,084 and the rental value as £330 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 87 Canterbury Close Ashington has increased by £166 (0.4%) and its rental value has increased by £27 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 87, Canterbury Close, Ashington is in very good condition we estimate a sale value of £48,388 and rental value of £347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £42,858 and a rental value of £307 per month.
If you were able to purchase this property for the estimated value of £46,084, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £226 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, 87, Canterbury Close, Ashington was last sold on 09 Jun 2022 for £44,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Canterbury Close, Ashington within a radius of 570 metres over the last 2 years.
The most recent example is 76, Canterbury Close, Ashington, NE63 9QG, a Leasehold flat which sold for £50,000 in Jul 2022.
Read more about house prices in NE63.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Canterbury Close, Ashington, NE63 has a total of 120 addresses. According to our analysis of all the public data, 87, Canterbury Close, Ashington is the 31st largest and the 17th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in NE63.
87, Canterbury Close, Ashington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Sep 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 87, Canterbury Close, Ashington is Ashington station which is 2.0 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 87, Canterbury Close, Ashington, 46.4% of property is privately owned with a mortgage and 28.7% is privately owned outright.
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 87, Canterbury Close, Ashington, 7.5% of residents are recorded as possessing school level qualifications and 27.5% 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 87, Canterbury Close, 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 87, Canterbury Close, Ashington, 1.0% 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 87, Canterbury Close, Ashington, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.