According to the public record, 5, Newarth Drive, Lymm is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Newarth Drive, Lymm, WA13 is located within the WA13 postal district.
5, Newarth Drive, Lymm has 2 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated July 2021.
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 5 Newarth Drive Lymm as £161,847 and the rental value as £1,082 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 5 Newarth Drive Lymm has increased by £3,843 (2.4%) and its rental value has increased by £37 per month (3.4%).
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 5, Newarth Drive, Lymm is in very good condition we estimate a sale value of £169,939 and rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,517 and a rental value of £1,006 per month.
If you were able to purchase this property for the estimated value of £161,847, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £795 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, 5, Newarth Drive, Lymm was last sold on 08 Sep 2017 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has risen 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Newarth Drive, Lymm within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 12, Newarth Drive, Lymm, WA13 0LH, a Leasehold flat which sold for £65,000 in Aug 2021.
Read more about house prices in WA13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newarth Drive, Lymm, WA13 has a total of 19 addresses. According to our analysis of all the public data, 5, Newarth Drive, Lymm is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £300k less expensive than the average property in WA13.
5, Newarth Drive, Lymm has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 5, Newarth Drive, Lymm is Glazebrook station which is 5.8 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 5, Newarth Drive, Lymm, 60.4% of property is privately owned outright and 30.6% 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 5, Newarth Drive, Lymm, 16.4% of residents are recorded as possessing school level qualifications and 48.5% 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 5, Newarth Drive, Lymm, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to North West 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 5, Newarth Drive, Lymm, 3.4% of property was a second home.
Comparison figures for North West 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 5, Newarth Drive, Lymm, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.