According to the public record, 21A, Monkseaton Terrace, Ashington is a period leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 21, Monkseaton Terrace, Ashington, NE63.
Monkseaton Terrace, Ashington, NE63 is located within the NE63 postal district.
21A, Monkseaton Terrace, Ashington has 31 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated February 2024.
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 21A Monkseaton Terrace Ashington as £54,119 and the rental value as £370 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 21A Monkseaton Terrace Ashington has increased by £195 (0.4%) and its rental value has increased by £30 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 21A, Monkseaton Terrace, Ashington is in very good condition we estimate a sale value of £56,825 and rental value of £388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £50,331 and a rental value of £344 per month.
If you were able to purchase this property for the estimated value of £54,119, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £266 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, 21A, Monkseaton Terrace, Ashington was last sold on 01 Aug 2013 for £47,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2013, the market for similar properties has risen 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21A, Monkseaton Terrace, Ashington within a radius of 550 metres over the last 2 years.
The most recent example is 9, College Road, Ashington, NE63 0TU, a Leasehold flat which sold for £50,000 in Apr 2021.
Read more about house prices in NE63.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monkseaton Terrace, Ashington, NE63 has a total of 59 addresses. According to our analysis of all the public data, 21A, Monkseaton Terrace, Ashington is the 58th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in NE63.
21A, Monkseaton Terrace, Ashington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 2024.
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 21A, Monkseaton Terrace, Ashington is Ashington station which is 1.7 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 21A, Monkseaton Terrace, Ashington, 36.7% of property is privately rented and 33.6% 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 21A, Monkseaton Terrace, Ashington, 14.5% of residents are recorded as possessing school level qualifications and 20.5% 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 21A, Monkseaton Terrace, 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 21A, Monkseaton Terrace, Ashington, 1.5% 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 21A, Monkseaton Terrace, Ashington, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.