According to the public record, 58, Chestnut Way, Newton Aycliffe is a modern freehold house with 635 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Chestnut Way, Newton Aycliffe, DL5 is located within the DL5 postal district.
58, Chestnut Way, Newton Aycliffe has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated June 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 good condition, we estimate the current sale value for 58 Chestnut Way Newton Aycliffe as £145,153 and the rental value as £682 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 58 Chestnut Way Newton Aycliffe has increased by £2,361 (1.6%) and its rental value has increased by £64 per month (9.4%).
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 58, Chestnut Way, Newton Aycliffe is in very good condition we estimate a sale value of £152,410 and rental value of £716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,992 and a rental value of £635 per month.
If you were able to purchase this property for the estimated value of £145,153, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £713 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, 58, Chestnut Way, Newton Aycliffe sits on a plot of 130m2.
We have plot size data on 45 out of 49 other houses in the postcode and 58, Chestnut Way, Newton Aycliffe sits on the 36th largest plot.
According to HM Land Registry, 58, Chestnut Way, Newton Aycliffe was last sold on 26 Jul 2021 for £120,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Chestnut Way, Newton Aycliffe within a radius of 810 metres over the last 2 years.
The most recent example is 56, Chestnut Way, Newton Aycliffe, DL5 7BF, a Freehold house which sold for £120,995 in Jul 2021.
Read more about house prices in DL5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Way, Newton Aycliffe, DL5 has a total of 82 addresses. According to our analysis of all the public data, 58, Chestnut Way, Newton Aycliffe is the 79th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in DL5.
58, Chestnut Way, Newton Aycliffe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 58, Chestnut Way, Newton Aycliffe is Newton Aycliffe station which is 1.9 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 58, Chestnut Way, Newton Aycliffe, 43.4% of property is privately owned outright and 35.7% 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 58, Chestnut Way, Newton Aycliffe, 14.3% of residents are recorded as possessing school level qualifications and 33.6% 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 58, Chestnut Way, 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 58, Chestnut Way, Newton Aycliffe, 0.7% 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 58, Chestnut Way, Newton Aycliffe, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.