3, Reef Court
3, Reef Court
Description & Estimates
3, Reef Court, Blyth is recorded publicly as a modern freehold house across 1,044 ft2 of internal area, sitting on a 123 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Reef Court, Blyth is £163,146 and its rental estimate is £944 per month, given the available information and assuming reasonable condition.
Reef Court, Blyth, NE24 falls within the NE24 postal district.
Our Data Sources
3, Reef Court, Blyth has a single entry in the Land Registry from August 2018 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 3 out of 5 and is considered of medium 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 3, Reef Court, Blyth, we estimate a market value of £171,303 and a rental value of £992 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £151,726 and £878 per month respectively.
Recent Market Change
Over the last year, 3, Reef Court, Blyth has seen its estimated sale value move up by £6,544 (4.0%) and its estimated rental value increase by £45 per month (4.7%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 3, Reef Court, Blyth as measuring 123 m2.
That makes it the 7th largest plot in the postcode, where 7 of the 9 other houses have recorded plot data.
Energy Efficiency
3, Reef Court, Blyth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Reef Court, Blyth completed on 31st August 2018 at £127,960 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 dropped by 24.4% over the period since August 2018.
- Sold Aug 2018£127,960
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Reef Court, Blyth have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th September 2023, was 51, Grenville Road, Blyth, NE24 3UR, a freehold house which sold for £161,000.
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 9 addresses on Reef Court, Blyth, NE24, 3, Reef Court, Blyth comes out as the largest and the 3rd most expensive in our analysis of the public data.
It is also £20k more expensive than the average property across the NE24 district.
More reading links
Schools Nearby
- 1.0kmCroftway Academy
- 1.6kmSt Wilfrid's Catholic Primary School
- 1.8kmNewsham Primary School
- 3.2kmThe Blyth Academy
- 4.7kmSeaton Valley High School
- 4.8kmBedlington Academy
More reading links
Public Transport Nearby
From 3, Reef Court, Blyth, the nearest station is Newsham, 1.9 kilometres away.
- 1.9kmNewsham
- 3.9kmBlyth Bebside
- 4.9kmSeaton Delaval
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.
