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According to the public record, 8, Silloth Close, Ashington is a modern freehold house with 796 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Silloth Close, Ashington is £185,356 and the estimated rental value is £864 per month.
Silloth Close, Meadow Vale, Ashington, NE63 is located within the NE63 postal district.
8, Silloth Close, Ashington has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated December 2022.
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.
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 8, Silloth Close, Ashington is in very good condition we estimate a sale value of £194,623 and a rental value of £907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,381 and a rental value of £804 per month.
Over the last 12 months the sale value of 8 Silloth Close Ashington has increased by an estimated £2,597 (1.4%) and its rental value has increased by an estimated £36 per month (4.1%), giving an expected gross yield of 5.6%.
8, Silloth Close, Ashington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Silloth Close, Ashington was last sold on 19th December 2022 for £166,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 37.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Silloth Close, Ashington within a radius of 940 metres over the last 2 years.
The most recent example is 9, Portrush Gardens, Ashington, NE63 9AW, a freehold house which sold for £166,950 on the 23rd December 2022.
Read more about house prices in NE63.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silloth Close, Meadow Vale, Ashington, NE63 has a total of 8 addresses. According to our analysis of all the public data, 8, Silloth Close, Ashington is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in NE63.
The closest station to 8, Silloth Close, Ashington is Ashington station which is 2.1 kilometres away.
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 8, Silloth Close, 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 8, Silloth Close, 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 8, Silloth Close, 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 8, Silloth Close, 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.