According to the public record, 8A, Palace Street East, Berwick-Upon-Tweed is a period freehold house with 1,345 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Palace Street East, Berwick-Upon-Tweed, TD15 is located within the TD15 postal district.
8A, Palace Street East, Berwick-Upon-Tweed has 21 entries in the Land Registry database, most recently in January 2015 and a single entry in the EPC database dated June 2013.
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 8A Palace Street East Berwick-Upon-Tweed as £245,814 and the rental value as £1,089 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8A Palace Street East Berwick-Upon-Tweed has decreased by £3,164 (1.3%) and its rental value has increased by £56 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 8A, Palace Street East, Berwick-Upon-Tweed is in very good condition we estimate a sale value of £258,105 and rental value of £1,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,607 and a rental value of £1,013 per month.
If you were able to purchase this property for the estimated value of £245,814, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,208 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, 8A, Palace Street East, Berwick-Upon-Tweed sits on a plot of 130m2.
We have plot size data on 2 out of 3 other houses in the postcode and 8A, Palace Street East, Berwick-Upon-Tweed sits on the 3rd largest plot.
According to HM Land Registry, 8A, Palace Street East, Berwick-Upon-Tweed was last sold on 28 Jan 2015 for £155,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2015, the market for similar properties has risen 48.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8A, Palace Street East, Berwick-Upon-Tweed within a radius of 830 metres over the last 2 years.
The most recent example is 41, Main Street, Berwick-Upon-Tweed, TD15 2AD, a Freehold house which sold for £275,000 in Jul 2022.
Read more about house prices in TD15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Street East, Berwick-Upon-Tweed, TD15 has a total of 10 addresses. According to our analysis of all the public data, 8A, Palace Street East, Berwick-Upon-Tweed is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in TD15.
8A, Palace Street East, Berwick-Upon-Tweed has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2013.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8A, Palace Street East, Berwick-Upon-Tweed is Berwick-upon-Tweed station which is 1.0 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 8A, Palace Street East, Berwick-Upon-Tweed, 57.1% of property is privately owned outright and 18.2% is privately rented.
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 8A, Palace Street East, Berwick-Upon-Tweed, 9.0% of residents are recorded as possessing school level qualifications and 51.0% 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 8A, Palace Street East, Berwick-Upon-Tweed, the average age was 44.6 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 8A, Palace Street East, Berwick-Upon-Tweed, 2.4% 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 8A, Palace Street East, Berwick-Upon-Tweed, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.