2, Drake Avenue
2, Drake Avenue
Description & Estimates
According to the public record, 2, Drake Avenue, Blyth is a modern freehold house with 731 ft2 of internal area and sits on a 124 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Drake Avenue, Blyth is £182,699 and the estimated rental value is £949 per month.
Drake Avenue, Blyth, NE24 is located within the NE24 postal district.
Our Data Sources
2, Drake Avenue, Blyth has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated August 2017.
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.
Price Range & Condition
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, Drake Avenue, Blyth is in very good condition we estimate a sale value of £191,833 and a rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,910 and a rental value of £883 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Drake Avenue, Blyth has grown by £7,328 (4.0%), while its estimated rental value has climbed by £45 per month (4.7%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Plot Size
According to data from HM Land Registry, 2, Drake Avenue, Blyth sits on a plot of 124 m2.
We have plot size data on 39 out of 39 other houses in the postcode and 2, Drake Avenue, Blyth sits on the 37th largest plot.
Energy Efficiency
2, Drake Avenue, Blyth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Drake Avenue, Blyth was last sold on 31st August 2017 for £130,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has dropped by 24.1%.
- Sold Aug 2017£130,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Drake Avenue, Blyth within a radius of 590 metres over the last 2 years.
The most recent example is 6, Drake Avenue, Blyth, NE24 3UQ, a freehold house which sold for £133,000 on the 17th June 2022.
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
Drake Avenue, Blyth, NE24 has a total of 39 addresses. According to our analysis of all the public data, 2, Drake Avenue, Blyth is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in NE24.
More reading links
Schools Nearby
- 1.0kmCroftway Academy
- 1.5kmSt Wilfrid's Catholic Primary School
- 1.7kmNewsham Primary School
- 3.1kmThe Blyth Academy
- 4.7kmBedlington Academy
- 4.7kmSeaton Valley High School
More reading links
Public Transport Nearby
The closest station to 2, Drake Avenue, Blyth is Newsham station, which is 1.9 kilometres away.
- 1.9kmNewsham
- 3.9kmBlyth Bebside
- 4.8kmSeaton Delaval
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
