12, Banbury Way
12, Banbury Way
Description & Estimates
12, Banbury Way, Blyth appears in the public record as a freehold house sitting on a 201 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,064 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 12, Banbury Way, Blyth is £210,555 and its rental estimate is £1,066 per month, given the available information and assuming reasonable condition.
Banbury Way, Blyth, NE24 falls within the NE24 postal district.
Our Data Sources
12, Banbury Way, Blyth has 31 entries in the Land Registry , most recently in April 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 12, Banbury Way, Blyth, we estimate a market value of £221,083 and a rental value of £1,119 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £195,816 and £991 per month respectively.
Recent Market Change
Over the last year, 12, Banbury Way, Blyth has seen its estimated sale value rise by £4,738 (2.3%) and its estimated rental value move up by £31 per month (2.9%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 12, Banbury Way, Blyth as measuring 201 m2.
That makes it the 10th largest plot in the postcode, where all 23 other houses have recorded plot data.
Sold Prices
The most recent sale of 12, Banbury Way, Blyth completed on 19th April 2013 at £124,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 27.3% over the period since April 2013.
- Sold Apr 2013£124,000
- Sold Jun 2007£145,000
- Sold May 2003£85,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Banbury Way, Blyth have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 8, Burnham Close, Blyth, NE24 3UB, a freehold house which sold for £160,000.
Read more about house prices in NE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 44 addresses on Banbury Way, Blyth, NE24, 12, Banbury Way, Blyth comes out as the 8th largest and the 6th most expensive in our analysis of the public data.
It is also £67k more expensive than the average property across the NE24 district.
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Schools Nearby
- 800mCroftway Academy
- 1.0kmNewsham Primary School
- 1.1kmSt Wilfrid's Catholic Primary School
- 2.4kmThe Blyth Academy
- 4.1kmBedlington Academy
- 4.6kmSeaton Valley High School
More reading links
Public Transport Nearby
From 12, Banbury Way, Blyth, the nearest station is Newsham, 1.5 kilometres away.
- 1.5kmNewsham
- 3.2kmBlyth Bebside
- 4.6kmBedlington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
