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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
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7, Oakmont Rise, Ashington is recorded publicly as a modern leasehold house across 731 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Oakmont Rise, Ashington is £149,465 and its rental estimate is £843 per month, given the available information and assuming reasonable condition.
Oakmont Rise, Ashington, NE63 falls within the NE63 postal district.
7, Oakmont Rise, Ashington has 3 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated June 2013.
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.
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 7, Oakmont Rise, Ashington, we estimate a market value of £156,938 and a rental value of £886 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £139,003 and £784 per month respectively.
Over the last year, 7, Oakmont Rise, Ashington has seen its estimated sale value grow by £3,420 (2.3%) and its estimated rental value climb by £38 per month (4.5%). This results in an estimated gross rental yield of 6.8%.
7, Oakmont Rise, Ashington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7, Oakmont Rise, Ashington completed on 27th June 2023 at £129,950 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 35.7% over the period since June 2023.
Over the past 2 years 3 properties similar to 7, Oakmont Rise, Ashington have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th August 2024, was 24C, Harrington Way, Ashington, NE63 9JP, a freehold house which sold for £130,000.
Read more about house prices in NE63.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 11 addresses on Oakmont Rise, Ashington, NE63, 7, Oakmont Rise, Ashington comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £20k more expensive than the average property across the NE63 district.
From 7, Oakmont Rise, Ashington, the nearest station is Ashington, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 7, Oakmont Rise, 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 7, Oakmont Rise, 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 7, Oakmont Rise, 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 7, Oakmont Rise, 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.
