According to the public record, 2, South Terrace, Newcastle is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 858 ft2 of internal area and sits on a 118 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
South Terrace, Newcastle, ST5 is located in the borough of Newcastle-under-Lyme within the ST5 postal district.
2, South Terrace, Newcastle has 21 entries in the Land Registry database, most recently in August 2017 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 2 South Terrace Newcastle as £129,464 and the rental value as £714 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 South Terrace Newcastle has increased by £3,303 (2.6%) and its rental value has increased by £9 per month (1.2%).
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, South Terrace, Newcastle is in very good condition we estimate a sale value of £135,937 and rental value of £750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,401 and a rental value of £664 per month.
If you were able to purchase this property for the estimated value of £129,464, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £636 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, South Terrace, Newcastle sits on a plot of 118m2.
We have plot size data on 9 out of 15 other houses in the postcode and 2, South Terrace, Newcastle sits on the 9th largest plot.
According to HM Land Registry, 2, South Terrace, Newcastle was last sold on 25 Aug 2017 for £127,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2017, the market for similar properties has risen 30.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, South Terrace, Newcastle within a radius of 61m over the last 2 years.
The most recent example is 14, South Terrace, Newcastle, ST5 8BY, a Freehold house which sold for £103,500 in Aug 2021.
Read more about house prices in ST5.
South Terrace, Newcastle, ST5 has a total of 23 addresses. According to our analysis of all the public data, 2, South Terrace, Newcastle is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in ST5.
The closest station to 2, South Terrace, Newcastle is Longport station which is 1.3 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, South Terrace, Newcastle, 41.0% of property is privately owned with a mortgage and 36.1% is privately owned outright.
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, South Terrace, Newcastle, 13.8% of residents are recorded as possessing school level qualifications and 32.5% 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, South Terrace, Newcastle, the average age was 44.2 and the most common age was 52.
The graph below shows how this compares to West Midlands 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, South Terrace, Newcastle, 0.0% of property was a second home.
Comparison figures for West Midlands 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, South Terrace, Newcastle, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.