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According to the public record, 7, Crofton Street, Blyth is a mid-century leasehold apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Crofton Street, Blyth is £66,102 and the estimated rental value is £442 per month.
Crofton Street, Blyth, NE24 is located within the NE24 postal district.
7, Crofton Street, Blyth has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated June 2015.
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 7, Crofton Street, Blyth is in very good condition we estimate a sale value of £69,408 and a rental value of £464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,475 and a rental value of £411 per month.
Over the last 12 months the sale value of 7 Crofton Street Blyth has increased by an estimated £1,107 (1.7%) and its rental value has increased by an estimated £10 per month (2.4%), giving an expected gross yield of 8%.
7, Crofton Street, Blyth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Crofton Street, Blyth was last sold on 31st May 2022 for £62,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Crofton Street, Blyth within a radius of 410 metres over the last 2 years.
The most recent example is 53, Coomassie Road, Blyth, NE24 2HE, a leasehold flat which sold for £200,000 on the 9th February 2022.
Read more about house prices in NE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crofton Street, Blyth, NE24 has a total of 28 addresses. According to our analysis of all the public data, 7, Crofton Street, Blyth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in NE24.
The closest station to 7, Crofton Street, Blyth is Newsham station which is 2.5 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Crofton Street, Blyth, 45.2% of property is socially rented and 33.1% 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 7, Crofton Street, Blyth, 12.2% of residents are recorded as possessing school level qualifications and 13.8% 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 7, Crofton Street, Blyth, the average age was 42.5 and the most common age was 52.
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 7, Crofton Street, 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 7, Crofton Street, Blyth, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.