Be the first Estate
Agent here!
Somerset Close is a residential street with 44 addresses.
It ranks as the 449th largest and 36th most expensive of the 551 streets in the NE63 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 44 properties: 8 houses and 36 flats.
Somerset Close is a residential street with 44 addresses.
It ranks as the 449th largest and 36th most expensive of the 551 streets in the NE63 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 44 properties: 8 houses and 36 flats.
Sale prices range from £49,061 for 1 bedroom leasehold flats (409 ft2) to £116,563 for 3 bedroom freehold houses with a garden (1,054 ft2) .
Monthly rental prices range from £337 pcm for 1 bed flats to £757 pcm for 3 bed houses.
The gross rental yield is between 7.3% and 8.7%.
The average value per square foot is £109.
The last sale on Somerset Close sold for £70,000 on 15th November 2024. Since then prices are down an average of 0.8%.
The current average value in the street is £66,709.
The Somerset Close Sales Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.1% | £66,709 |
| May 2025 | 1.4% | £65,951 |
| May 2024 | 4.5% | £65,069 |
| May 2023 | 1.6% | £62,289 |
| May 2022 | 7.3% | £61,283 |
| May 2021 | 7.6% | £57,089 |
| May 2020 | 3.9% | £53,072 |
| May 2019 | -2.1% | £51,078 |
| May 2018 | 0.7% | £52,198 |
| May 2017 | 3.1% | £51,860 |
| May 2016 | -1.9% | £50,299 |
| May 2015 | 0.6% | £51,264 |
| May 2014 | 2.5% | £50,955 |
| May 2013 | -2.9% | £49,695 |
| May 2012 | -0.3% | £51,159 |
| May 2011 | -6.5% | £51,334 |
| May 2010 | 2.7% | £54,904 |
| May 2009 | -15.5% | £53,435 |
| May 2008 | -3% | £63,270 |
| May 2007 | 0% | £65,236 |
The current average rental value in the street is £448.
The Somerset Close Rental Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £448pcm |
| May 2025 | 5.3% | £434pcm |
| May 2024 | 9.8% | £412pcm |
| May 2023 | 7% | £375pcm |
| May 2022 | 8.1% | £350pcm |
| May 2021 | 5.9% | £324pcm |
| May 2020 | -0.7% | £306pcm |
| May 2019 | 0% | £308pcm |
| May 2018 | 0.1% | £308pcm |
| May 2017 | 0% | £308pcm |
| May 2016 | 1.7% | £308pcm |
| May 2015 | -0.4% | £303pcm |
| May 2014 | 1.5% | £304pcm |
| May 2013 | -1% | £300pcm |
| May 2012 | -0.3% | £303pcm |
| May 2011 | -0.2% | £304pcm |
| May 2010 | 0.8% | £304pcm |
| May 2009 | -7.1% | £302pcm |
| May 2008 | 3.4% | £325pcm |
| May 2007 | 0% | £314pcm |
The last sale was on 15th November 2024 for £70,000 and since then the market in the area has decreased by 0.8%. The street has had a total of 35 sales since 1995.
Somerset Close, Ashington, NE63 has seen 4 sales in the last three years and no sales in the last twelve months.
Somerset Close, Ashington, NE63 is the 449th largest and the 36th most expensive street in the NE63 area.
There are 2 postcodes on Somerset Close, Ashington, NE63.
The closest station to Somerset Close, Ashington, NE63 is Ashington station which is 1.3 kilometres away.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Somerset Close, Ashington, NE63, % of property is and % is .
The graph below shows how this compares to North East 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 Somerset Close, Ashington, NE63, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Somerset Close, Ashington, NE63, 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 Somerset Close, Ashington, NE63, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.