According to the public record, 2A, South Terrace, Newcastle is a period apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, South Terrace, Newcastle, ST5.
South Terrace, Newcastle, ST5 is located in the borough of Newcastle-under-Lyme within the ST5 postal district.
2A, South Terrace, Newcastle has no records in the Land Registry database and 3 entries in the EPC database, most recently in October 2019.
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 2A South Terrace Newcastle as £86,940 and the rental value as £538 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 2A South Terrace Newcastle has increased by £5,654 (6.5%) and its rental value has increased by £28 per month (5.1%).
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 2A, South Terrace, Newcastle is in very good condition we estimate a sale value of £91,287 and rental value of £565 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,854 and a rental value of £501 per month.
If you were able to purchase this property for the estimated value of £86,940, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £427 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, South Terrace, Newcastle within a radius of 357m over the last 2 years.
The most recent example is Flat 6, Tudor Court, Loring Road, Newcastle, ST5 8RR, a Leasehold flat which sold for £88,500 in Feb 2023.
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, 2A, South Terrace, Newcastle is the 15th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in ST5.
2A, South Terrace, Newcastle has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2A, 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 2A, 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 2A, 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 2A, 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 2A, 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 2A, 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.