242 Milburn Road

    242, MILBURN ROAD, ASHINGTON, NE63 0PJ

    This terraced freehold property on Milburn Road last sold in May 2016 for £75,000. Based on price growth in the NE63 district since then, its estimated current value is £119,000 — placing it in the 7th percentile nationally and the 44th percentile within NE63. The property covers 108 m² (1,163 sq ft), giving an estimated value of £1,102 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    108 m²

    (1,163 sq ft)

    Last Sale Price

    £75,000

    May 2016

    Estimated Valuation

    £119,000

    Est. £/m²

    £1,102/m²

    £102/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area108 m² (1,163 sq ft)
    EPC dateJun 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2016

    £75,000

    28 Jul 1995

    £26,500

    Key Metrics

    Estimated valuation£119,000
    Value per m² / sq ft£1,102/m² (£102/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE63 district percentile44th percentile
    National percentile7th percentile

    District Context — NE63

    NE63 covers Ashington, Newbiggin-by-the-Sea, and surrounding areas in south-east Northumberland, close to the Durham border. It is a former mining and coastal community with strong local character and a tight-knit residential appeal.

    Average Property Price - NE63

    £158,592

    4

    National percentile

    Average Net Household Income - NE63

    £16,821

    1

    National percentile

    10-Year Annualised Price Growth - NE63

    3.7%

    57

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE63

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