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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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16, Laburnum Avenue, Blyth is described in the public record as an early-century house with 678 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 16, Laburnum Avenue, Blyth is £67,999 and its rental estimate is £492 per month, given the available information and assuming reasonable condition.
Laburnum Avenue, Blyth, NE24 falls within the NE24 postal district.
16, Laburnum Avenue, Blyth has no records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 16, Laburnum Avenue, Blyth, we estimate a market value of £71,399 and a rental value of £516 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £63,239 and £457 per month respectively.
Over the last year, 16, Laburnum Avenue, Blyth has seen its estimated sale value climb by £2,848 (4.2%) and its estimated rental value rise by £25 per month (5.0%). This results in an estimated gross rental yield of 8.7%.
16, Laburnum Avenue, Blyth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 16, Laburnum Avenue, Blyth have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st December 2022, was 25, Lilac Avenue, Blyth, NE24 1PR, a freehold house which sold for £78,000.
Read more about house prices in NE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 42 addresses on Laburnum Avenue, Blyth, NE24, 16, Laburnum Avenue, Blyth comes out as the 35th largest and the 35th most expensive in our analysis of the public data.
It is also £75k less expensive than the average property across the NE24 district.
From 16, Laburnum Avenue, Blyth, the nearest station is Blyth Bebside, 2.5 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 16, Laburnum Avenue, Blyth, 41.7% of property is socially rented and 23.6% is privately rented.
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 16, Laburnum Avenue, Blyth, 12.2% of residents are recorded as possessing school level qualifications and 17.7% 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 16, Laburnum Avenue, Blyth, the average age was 38.5 and the most common age was 27.
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 16, Laburnum Avenue, Blyth, 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 16, Laburnum Avenue, Blyth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
