24, Banbury Way
24, Banbury Way
Description & Estimates
24, Banbury Way, Blyth is recorded publicly as a modern freehold house across 1,216 ft2 of internal area, sitting on a 196 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 24, Banbury Way, Blyth is £224,836 and its rental estimate is £1,079 per month, given the available information and assuming reasonable condition.
Banbury Way, Blyth, NE24 falls within the NE24 postal district.
Our Data Sources
24, Banbury Way, Blyth has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated August 2018.
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
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 24, Banbury Way, Blyth, we estimate a market value of £236,078 and a rental value of £1,133 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,098 and £1,003 per month respectively.
Recent Market Change
Over the last year, 24, Banbury Way, Blyth has seen its estimated sale value move up by £5,060 (2.3%) and its estimated rental value increase by £32 per month (2.9%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 24, Banbury Way, Blyth as measuring 196 m2.
That makes it the 12th largest plot in the postcode, where all 23 other houses have recorded plot data.
Energy Efficiency
24, Banbury Way, Blyth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Banbury Way, Blyth completed on 11th March 2019 at £182,000 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 15.0% over the period since March 2019.
- Sold Mar 2019£182,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Banbury Way, Blyth have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 8, Burnham Close, Blyth, NE24 3UB, a freehold house which sold for £160,000.
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
Of the 44 addresses on Banbury Way, Blyth, NE24, 24, Banbury Way, Blyth comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £82k more expensive than the average property across the NE24 district.
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Schools Nearby
- 800mCroftway Academy
- 1.0kmNewsham Primary School
- 1.1kmSt Wilfrid's Catholic Primary School
- 2.4kmThe Blyth Academy
- 4.1kmBedlington Academy
- 4.6kmSeaton Valley High School
More reading links
Public Transport Nearby
From 24, Banbury Way, Blyth, the nearest station is Newsham, 1.5 kilometres away.
- 1.5kmNewsham
- 3.2kmBlyth Bebside
- 4.6kmBedlington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
