8 Institute Road

    8, INSTITUTE ROAD, ASHINGTON, NE63 8HP

    This semi-detached freehold property on Institute Road last sold in April 2022 for £110,000. Based on price growth in the NE63 district since then, its estimated current value is £115,949 — placing it in the 6th percentile nationally and the 42nd percentile within NE63. The property covers 60 m² (646 sq ft), giving an estimated value of £1,932 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £110,000

    Apr 2022

    Estimated Valuation

    £115,949

    Est. £/m²

    £1,932/m²

    £179/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area60 m² (646 sq ft)
    EPC dateDec 2020
    WallsAverage thermal transmittance 0.28 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Apr 2022

    £110,000

    21 Dec 2020

    New build

    £113,995

    Key Metrics

    Estimated valuation£115,949
    Value per m² / sq ft£1,932/m² (£179/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE63 district percentile42nd percentile
    National percentile6th 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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