9, Institute Road
9, Institute Road
Description & Estimates
Public records show 9, Institute Road, Ashington to be a modern freehold house with 775 ft2 of internal area, sitting on a 215 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
9, Institute Road, Ashington has an estimated sale value of £160,964 and an estimated rental value of £910 per month, assuming reasonable condition and based on the information available.
Institute Road, Ashington, NE63 lies within the NE63 postal district.
Our Data Sources
9, Institute Road, Ashington has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated December 2020.
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
In very good condition, we estimate 9, Institute Road, Ashington would be worth £169,012, with a potential rental value of £956 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £149,696, with a rental value of £846 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 9, Institute Road, Ashington has risen by £3,683 (2.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £41 (4.5%). The property's estimated gross yield is currently 6.8%.
Plot Size
9, Institute Road, Ashington occupies a 215 m2 plot as recorded by HM Land Registry.
All 10 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
9, Institute Road, Ashington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
9, Institute Road, Ashington last changed hands on 18th December 2020, selling for £153,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.0% since December 2020.
- Sold Dec 2020£153,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 9, Institute Road, Ashington across the last 2 years.
Most recently, 1, Field View, Ashington, NE63 8BP, a freehold house, sold at £156,000 on the 22nd November 2024.
Read more about house prices in NE63.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 9, Institute Road, Ashington as the 7th largest and the 5th most expensive of the 10 addresses on Institute Road, Ashington, NE63.
Against the NE63 postcode district average, it is £32k more expensive than the typical property.
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Schools Nearby
- 200mBothal Academy
- 1.0kmCentral Academy
- 1.7kmNCEA James Knott CofE Primary School
- 500mAshington Academy
- 2.4kmNCEA Duke's Secondary School
- 5.0kmBedlington Academy
More reading links
Public Transport Nearby
Ashington station is the nearest stop to 9, Institute Road, Ashington at 600 metres away.
- 600mAshington
- 4.0kmPegswood
- 4.6kmBedlington
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
