According to the public record, 2, Merz Road, Newton Aycliffe is a mid-century house with 745 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merz Road, Newton Aycliffe, DL5 is located within the DL5 postal district.
2, Merz Road, Newton Aycliffe has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 Merz Road Newton Aycliffe as £104,309 and the rental value as £652 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 2 Merz Road Newton Aycliffe has increased by £3,195 (3.1%) and its rental value has increased by £71 per month (10.9%).
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, Merz Road, Newton Aycliffe is in very good condition we estimate a sale value of £109,525 and rental value of £685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,008 and a rental value of £607 per month.
If you were able to purchase this property for the estimated value of £104,309, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £513 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 data from HM Land Registry, 2, Merz Road, Newton Aycliffe sits on a plot of 248m2.
We have plot size data on 10 out of 26 other houses in the postcode and 2, Merz Road, Newton Aycliffe sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Merz Road, Newton Aycliffe within a radius of 89m over the last 2 years.
The most recent example is 16, Merz Road, Newton Aycliffe, DL5 5LR, a Freehold house which sold for £90,000 in Apr 2024.
Read more about house prices in DL5.
Merz Road, Newton Aycliffe, DL5 has a total of 26 addresses. According to our analysis of all the public data, 2, Merz Road, Newton Aycliffe is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in DL5.
2, Merz Road, Newton Aycliffe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Mar 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Merz Road, Newton Aycliffe is Newton Aycliffe station which is 1.0 km 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, Merz Road, Newton Aycliffe, 34.7% of property is socially rented and 25.6% is privately owned with a mortgage.
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, Merz Road, Newton Aycliffe, 11.9% of residents are recorded as possessing school level qualifications and 12.5% 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, Merz Road, 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, Merz Road, 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, Merz Road, Newton Aycliffe, 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.