According to the public record, 2, Swanston Mews, Berwick-Upon-Tweed is a modern leasehold apartment and with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Swanston Mews, Berwick-Upon-Tweed, TD15 is located within the TD15 postal district.
2, Swanston Mews, Berwick-Upon-Tweed has 4 entries in the Land Registry database, most recently in September 2023 and no records in the EPC database.
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 Swanston Mews Berwick-Upon-Tweed as £148,969 and the rental value as £835 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 2 Swanston Mews Berwick-Upon-Tweed has increased by £817 (0.5%) and its rental value has increased by £59 per month (7.1%).
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, Swanston Mews, Berwick-Upon-Tweed is in very good condition we estimate a sale value of £156,418 and rental value of £877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,541 and a rental value of £777 per month.
If you were able to purchase this property for the estimated value of £148,969, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £732 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, Swanston Mews, Berwick-Upon-Tweed was last sold on 18 Sep 2023 for £145,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Swanston Mews, Berwick-Upon-Tweed within a radius of 475m over the last 2 years.
The most recent example is Apartment 2, 2, Chapel Street, Berwick-Upon-Tweed, TD15 1BX, a Leasehold flat which sold for £127,000 in Jul 2021.
Read more about house prices in TD15.
Swanston Mews, Berwick-Upon-Tweed, TD15 has a total of 11 addresses. According to our analysis of all the public data, 2, Swanston Mews, Berwick-Upon-Tweed is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in TD15.
2, Swanston Mews, Berwick-Upon-Tweed has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jun 2023.
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, Swanston Mews, Berwick-Upon-Tweed is Berwick-upon-Tweed station which is 300 m 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, Swanston Mews, Berwick-Upon-Tweed, 52.6% of property is privately owned outright and 22.4% 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, Swanston Mews, Berwick-Upon-Tweed, 10.4% of residents are recorded as possessing school level qualifications and 43.3% 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, Swanston Mews, Berwick-Upon-Tweed, the average age was 49.8 and the most common age was 72.
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, Swanston Mews, Berwick-Upon-Tweed, 2.0% 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, Swanston Mews, Berwick-Upon-Tweed, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.