According to the public record, Locarno House, Newbiggin-By-The-Sea is a mid-century freehold house with 2,152 ft2 of internal area and sits on a 561 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Locarno Place, Newbiggin-By-The-Sea, NE64 is located within the NE64 postal district.
Locarno House, Newbiggin-By-The-Sea has 21 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated March 2017.
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 Locarno House Newbiggin-By-The-Sea as £243,943 and the rental value as £974 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Locarno House Newbiggin-By-The-Sea has decreased by £3,860 (1.6%) and its rental value has increased by £57 per month (5.8%).
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 Locarno House, Newbiggin-By-The-Sea is in very good condition we estimate a sale value of £256,140 and rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,867 and a rental value of £905 per month.
If you were able to purchase this property for the estimated value of £243,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,199 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, Locarno House, Newbiggin-By-The-Sea sits on a plot of 561m2.
We have plot size data on 5 out of 10 other houses in the postcode and Locarno House, Newbiggin-By-The-Sea sits on the largest plot.
According to HM Land Registry, Locarno House, Newbiggin-By-The-Sea was last sold on 11 Aug 2017 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2017, the market for similar properties has risen 25.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Locarno House, Newbiggin-By-The-Sea within a radius of 630 metres over the last 2 years.
The most recent example is 1, Argyle Terrace, Newbiggin-By-The-Sea, NE64 6PR, a Freehold house which sold for £290,000 in Jun 2024.
Read more about house prices in NE64.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Locarno Place, Newbiggin-By-The-Sea, NE64 has a total of 10 addresses. According to our analysis of all the public data, Locarno House, Newbiggin-By-The-Sea is the largest and the most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in NE64.
Locarno House, Newbiggin-By-The-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Locarno House, Newbiggin-By-The-Sea is Ashington station which is 3.8 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 Locarno House, Newbiggin-By-The-Sea, 43.0% of property is privately owned outright and 24.2% 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 Locarno House, Newbiggin-By-The-Sea, 10.3% of residents are recorded as possessing school level qualifications and 13.0% 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 Locarno House, Newbiggin-By-The-Sea, the average age was 44.9 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 Locarno House, Newbiggin-By-The-Sea, 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 Locarno House, Newbiggin-By-The-Sea, 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.