2 Drake Avenue

    2, DRAKE AVENUE, BLYTH, NE24 3UQ

    This terraced freehold property on Drake Avenue last sold in August 2017 for £130,950. Based on price growth in the NE24 district since then, its estimated current value is £162,741 — placing it in the 15th percentile nationally and the 54th percentile within NE24. The property covers 68 m² (732 sq ft), giving an estimated value of £2,393 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £130,950

    Aug 2017

    Estimated Valuation

    £162,741

    Est. £/sq ft

    £222/sq ft

    £2,393/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateAug 2017
    WallsAverage thermal transmittance 0.31 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2017

    New build

    £130,950

    Key Metrics

    Estimated valuation£162,741
    Value per sq ft / m²£222/sq ft (£2,393/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE24 district percentile54th percentile
    National percentile15th percentile

    District Context — NE24

    NE24 covers parts of north-east England, situated in the Northumberland coastal region. It is a relatively affordable area with a mixed economy and strong community ties.

    Average Property Price - NE24

    £167,313

    5

    National percentile

    Average Net Household Income - NE24

    £32,470

    16

    National percentile

    10-Year Annualised Price Growth - NE24

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE24

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