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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Argyle Mews, Blyth is £42,914 and the estimated rental value is £320 per month.
Argyle Mews, Blyth, NE24 is located within the NE24 postal district.
2, Argyle Mews, Blyth has 31 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 2, Argyle Mews, Blyth is in very good condition we estimate a sale value of £45,060 and a rental value of £336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £39,910 and a rental value of £298 per month.
Over the last 12 months the sale value of 2 Argyle Mews Blyth has increased by an estimated £161 (0.4%) and its rental value has increased by an estimated £11 per month (3.3%), giving an expected gross yield of 9%.
2, Argyle Mews, Blyth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Argyle Mews, Blyth was last sold on 17th November 2023 for £46,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2023, the market for similar properties has risen 96.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Argyle Mews, Blyth within a radius of 660 metres over the last 2 years.
The most recent example is 64, Waterloo Road, Blyth, NE24 1DG, a leasehold flat which sold for £80,000 on the 13th October 2022.
Read more about house prices in NE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Argyle Mews, Blyth, NE24 has a total of 3 addresses. According to our analysis of all the public data, 2, Argyle Mews, Blyth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in NE24.
The closest station to 2, Argyle Mews, Blyth is Blyth Bebside station which is 2.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Argyle Mews, Blyth, 42.1% of property is privately rented and 23.8% is privately owned outright.
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 2, Argyle Mews, Blyth, 16.4% of residents are recorded as possessing school level qualifications and 20.7% 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 2, Argyle Mews, 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 2, Argyle Mews, 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 2, Argyle Mews, Blyth, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.