According to the public record, 18, Palace Green, Berwick-Upon-Tweed is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,097 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Palace Green, Berwick-Upon-Tweed, TD15 is located within the TD15 postal district.
18, Palace Green, Berwick-Upon-Tweed has 21 entries in the Land Registry database, most recently in March 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Palace Green Berwick-Upon-Tweed as £231,772 and the rental value as £1,055 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 18 Palace Green Berwick-Upon-Tweed has decreased by £412 (0.2%) and its rental value has increased by £66 per month (6.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Palace Green, Berwick-Upon-Tweed is in very good condition we estimate a sale value of £243,361 and rental value of £1,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,548 and a rental value of £981 per month.
If you were able to purchase this property for the estimated value of £231,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,139 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 18, Palace Green, Berwick-Upon-Tweed was last sold on 10 Mar 2006 for £210,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Palace Green, Berwick-Upon-Tweed within a radius of 800 metres over the last 2 years.
The most recent example is 53, Mount Road, Berwick-Upon-Tweed, TD15 2BA, a Freehold house which sold for £118,000 in Feb 2019.
Read more about house prices in TD15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Green, Berwick-Upon-Tweed, TD15 has a total of 26 addresses. According to our analysis of all the public data, 18, Palace Green, Berwick-Upon-Tweed is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in TD15.
The closest station to 18, Palace Green, Berwick-Upon-Tweed is Berwick-upon-Tweed station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Palace Green, Berwick-Upon-Tweed, 34.4% of property is privately owned outright and 31.9% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 18, Palace Green, Berwick-Upon-Tweed, 7.9% of residents are recorded as possessing school level qualifications and 39.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Palace Green, Berwick-Upon-Tweed, the average age was 44.6 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 18, Palace Green, Berwick-Upon-Tweed, 0.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 18, Palace Green, Berwick-Upon-Tweed, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.