3 Institute Road

    3, INSTITUTE ROAD, ASHINGTON, NE63 8HP

    This detached freehold property on Institute Road last sold in October 2014 for £195,000. Based on price growth in the NE63 district since then, its estimated current value is £286,205 — placing it in the 46th percentile nationally and the 93rd percentile within NE63. The property covers 214 m² (2,303 sq ft), giving an estimated value of £1,337 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    214 m²

    (2,303 sq ft)

    Last Sale Price

    £195,000

    Oct 2014

    Estimated Valuation

    £286,205

    Est. £/m²

    £1,337/m²

    £124/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area214 m² (2,303 sq ft)
    EPC dateMay 2013
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Oct 2014

    New build

    £195,000

    Key Metrics

    Estimated valuation£286,205
    Value per m² / sq ft£1,337/m² (£124/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE63 district percentile93rd percentile
    National percentile46th 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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