According to the public record, Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Chapel Street, Berwick-Upon-Tweed, TD15.
Chapel Street, Berwick-Upon-Tweed, TD15 is located within the TD15 postal district.
Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed has 2 entries in the Land Registry database, most recently in May 2017 and a single entry in the EPC database dated February 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 Apartment 9 2 Chapel Street Berwick-Upon-Tweed as £173,270 and the rental value as £933 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Apartment 9 2 Chapel Street Berwick-Upon-Tweed has increased by £1,108 (0.6%) and its rental value has increased by £67 per month (7.2%).
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 Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed is in very good condition we estimate a sale value of £181,934 and rental value of £980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,141 and a rental value of £868 per month.
If you were able to purchase this property for the estimated value of £173,270, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £852 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, Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed was last sold on 05 May 2017 for £144,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has risen 30.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed within a radius of 850 metres over the last 2 years.
The most recent example is Apartment 3, 2, Chapel Street, Berwick-Upon-Tweed, TD15 1BX, a Leasehold flat which sold for £140,000 in Jun 2020.
Read more about house prices in TD15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Street, Berwick-Upon-Tweed, TD15 has a total of 30 addresses. According to our analysis of all the public data, Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed is the 13th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in TD15.
Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed is Berwick-upon-Tweed station which is 700 metres 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 Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed, 52.1% of property is privately rented and 18.2% 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 Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed, 8.8% of residents are recorded as possessing school level qualifications and 36.9% 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 Apartment 9, 2, Chapel Street, 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 Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed, 1.5% 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 Apartment 9, 2, Chapel Street, Berwick-Upon-Tweed, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.