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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
According to the public record, 2, Oakmount Close, Blyth is a modern freehold house with 1,054 ft2 of internal area and sits on a 408 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, Oakmount Close, Blyth is £274,554 and the estimated rental value is £1,021 per month.
Oakmount Close, Blyth, NE24 is located within the NE24 postal district.
2, Oakmount Close, Blyth has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 2022.
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, Oakmount Close, Blyth is in very good condition we estimate a sale value of £288,282 and a rental value of £1,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,335 and a rental value of £949 per month.
Over the last 12 months the sale value of 2 Oakmount Close Blyth has increased by an estimated £7,524 (2.7%) and its rental value has increased by an estimated £60 per month (5.9%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Oakmount Close, Blyth sits on a plot of 408m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Oakmount Close, Blyth sits on the largest plot.
2, Oakmount Close, Blyth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Oakmount Close, Blyth was last sold on 30th September 2022 for £271,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oakmount Close, Blyth within a radius of 790 metres over the last 2 years.
The most recent example is 52, Turnberry Avenue, Blyth, NE24 4UL, a freehold house which sold for £249,995 on the 2nd February 2023.
Read more about house prices in NE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakmount Close, Blyth, NE24 has a total of 4 addresses. According to our analysis of all the public data, 2, Oakmount Close, Blyth is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in NE24.
The closest station to 2, Oakmount Close, Blyth is Newsham station which is 1.4 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, Oakmount Close, Blyth, 34.5% of property is socially rented and 24.6% 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 2, Oakmount Close, Blyth, 23.6% of residents are recorded as possessing school level qualifications and 18.5% 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, Oakmount Close, Blyth, the average age was 37.8 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, Oakmount Close, Blyth, 0.5% 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, Oakmount Close, Blyth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
