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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, 38, Magnolia Drive, Ashington is a modern freehold house with 1,130 ft2 of internal area and sits on a 926 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Magnolia Drive, Ashington is £342,035 and the estimated rental value is £1,182 per month.
Magnolia Drive, Ashington, NE63 is located within the NE63 postal district.
38, Magnolia Drive, Ashington has 31 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated May 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 38, Magnolia Drive, Ashington is in very good condition we estimate a sale value of £359,137 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,093 and a rental value of £1,099 per month.
Over the last 12 months the sale value of 38 Magnolia Drive Ashington has increased by an estimated £3,128 (0.9%) and its rental value has increased by an estimated £36 per month (3.0%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 38, Magnolia Drive, Ashington sits on a plot of 926m2.
We have plot size data on 26 out of 37 other houses in the postcode and 38, Magnolia Drive, Ashington sits on the largest plot.
38, Magnolia Drive, Ashington has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 22 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 38, Magnolia Drive, Ashington was last sold on 5th November 2019 for £265,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2019, the market for similar properties has dropped 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Magnolia Drive, Ashington within a radius of 750 metres over the last 2 years.
The most recent example is 19, Kestrel Drive, Ashington, NE63 8JS, a leasehold house which sold for £235,000 on the 10th December 2021.
Read more about house prices in NE63.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magnolia Drive, Ashington, NE63 has a total of 37 addresses. According to our analysis of all the public data, 38, Magnolia Drive, Ashington is the 8th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in NE63.
The closest station to 38, Magnolia Drive, Ashington is Ashington station which is 1.5 kilometres away.
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.
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 38, Magnolia Drive, Ashington, % 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 38, Magnolia Drive, Ashington, 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 38, Magnolia Drive, Ashington, 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 38, Magnolia Drive, Ashington, 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.
