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1, Albatross Way, Blyth is recorded publicly as a mid-century freehold house across 882 ft2 of internal area, sitting on a 243 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Albatross Way, Blyth is £207,457 and its rental estimate is £1,035 per month, given the available information and assuming reasonable condition.
Albatross Way, Blyth, NE24 falls within the NE24 postal district.
1, Albatross Way, Blyth has 2 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Albatross Way, Blyth, we estimate a market value of £217,830 and a rental value of £1,087 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £192,935 and £963 per month respectively.
Over the last year, 1, Albatross Way, Blyth has seen its estimated sale value move up by £8,321 (4.0%) and its estimated rental value increase by £49 per month (4.7%). This results in an estimated gross rental yield of 6.0%.
HM Land Registry records the plot of land for 1, Albatross Way, Blyth as measuring 243 m2.
That makes it the 59th largest plot in the postcode, where all 89 other houses have recorded plot data.
1, Albatross Way, Blyth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Albatross Way, Blyth completed on 29th April 2022 at £225,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 23.1% over the period since April 2022.
Over the past 2 years 3 properties similar to 1, Albatross Way, Blyth have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th January 2024, was 7, Albatross Way, Blyth, NE24 3QH, a freehold house which sold for £175,000.
Read more about house prices in NE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 89 addresses on Albatross Way, Blyth, NE24, 1, Albatross Way, Blyth comes out as the 62nd largest and the 48th most expensive in our analysis of the public data.
It is also £64k more expensive than the average property across the NE24 district.
From 1, Albatross Way, Blyth, the nearest station is Newsham, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Albatross Way, Blyth, 58.3% of property is privately owned outright and 34.7% is privately owned with a mortgage.
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 1, Albatross Way, Blyth, 18.3% of residents are recorded as possessing school level qualifications and 30.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Albatross Way, Blyth, the average age was 46.3 and the most common age was 62.
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 1, Albatross Way, Blyth, 0.9% 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 1, Albatross Way, Blyth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.