According to the public record, 2, Gregory Court, Newton Aycliffe is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gregory Court, Newton Aycliffe, DL5 is located within the DL5 postal district.
2, Gregory Court, Newton Aycliffe has 51 entries in the Land Registry database, most recently in June 2007 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Gregory Court Newton Aycliffe as £45,412 and the rental value as £352 per month giving an expected gross yield of 9.3%.
Over the last 12 months the sale value of 2 Gregory Court Newton Aycliffe has increased by £932 (2.1%) and its rental value has increased by £34 per month (9.8%).
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 2, Gregory Court, Newton Aycliffe is in very good condition we estimate a sale value of £47,683 and rental value of £370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £42,233 and a rental value of £328 per month.
If you were able to purchase this property for the estimated value of £45,412, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £223 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, 2, Gregory Court, Newton Aycliffe was last sold on 15 Jun 2007 for £64,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2007, the market for similar properties has dropped 12.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Gregory Court, Newton Aycliffe within a radius of 760 metres over the last 2 years.
The most recent example is 1, Gregory Court, Newton Aycliffe, DL5 5JB, a Leasehold flat which sold for £39,000 in Feb 2022.
Read more about house prices in DL5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gregory Court, Newton Aycliffe, DL5 has a total of 12 addresses. According to our analysis of all the public data, 2, Gregory Court, Newton Aycliffe is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in DL5.
2, Gregory Court, Newton Aycliffe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2, Gregory Court, Newton Aycliffe is Newton Aycliffe station which is 1.3 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 2, Gregory Court, Newton Aycliffe, 31.9% 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 2, Gregory Court, Newton Aycliffe, 18.8% of residents are recorded as possessing school level qualifications and 21.7% 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 2, Gregory Court, Newton Aycliffe, the average age was 44.8 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 2, Gregory Court, Newton Aycliffe, 0.0% 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 2, Gregory Court, Newton Aycliffe, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.