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2, Pelham Gardens, Blyth is recorded publicly as a modern freehold house across 1,044 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Pelham Gardens, Blyth is £269,223 and its rental estimate is £1,116 per month, given the available information and assuming reasonable condition.
Pelham Gardens, Long Grange, Blyth, NE24 falls within the NE24 postal district.
2, Pelham Gardens, Blyth has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated February 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.
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 2, Pelham Gardens, Blyth, we estimate a market value of £282,684 and a rental value of £1,172 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,377 and £1,038 per month respectively.
Over the last year, 2, Pelham Gardens, Blyth has seen its estimated sale value grow by £10,798 (4.0%) and its estimated rental value climb by £53 per month (4.7%). This results in an estimated gross rental yield of 5.0%.
2, Pelham Gardens, Blyth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Pelham Gardens, Blyth completed on 17th March 2023 at £246,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 10.5% over the period since March 2023.
Over the past 2 years 3 properties similar to 2, Pelham Gardens, Blyth have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 4, Bensom Way, Blyth, NE24 4EX, a freehold house which sold for £267,950.
Read more about house prices in NE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 5 addresses on Pelham Gardens, Long Grange, Blyth, NE24, 2, Pelham Gardens, Blyth comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £126k more expensive than the average property across the NE24 district.
From 2, Pelham Gardens, Blyth, the nearest station is Newsham, 300 metres away.
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 2, Pelham Gardens, Blyth, % of property is and % is .
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, Pelham Gardens, Blyth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Pelham Gardens, 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, Pelham Gardens, Blyth, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.