According to the public record, 12B, Richard Street, Crewe is a period leasehold apartment and with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12, Richard Street, Crewe, CW1.
Richard Street, Crewe, CW1 is located within the CW1 postal district.
12B, Richard Street, Crewe has 3 entries in the Land Registry database, most recently in September 2023 and 3 entries in the EPC database, most recently in August 2022.
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 12B Richard Street Crewe as £101,926 and the rental value as £502 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 12B Richard Street Crewe has increased by £1,992 (2.0%) and its rental value has increased by £21 per month (4.3%).
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 12B, Richard Street, Crewe is in very good condition we estimate a sale value of £107,022 and rental value of £527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,791 and a rental value of £467 per month.
If you were able to purchase this property for the estimated value of £101,926, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £501 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, 12B, Richard Street, Crewe was last sold on 15 Sep 2023 for £58,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2023, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12B, Richard Street, Crewe within a radius of 240m over the last 2 years.
The most recent example is 47A, Richard Moon Street, Crewe, CW1 3AU, a Leasehold flat which sold for £98,000 in Nov 2019.
Read more about house prices in CW1.
Richard Street, Crewe, CW1 has a total of 72 addresses. According to our analysis of all the public data, 12B, Richard Street, Crewe is the 60th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in CW1.
12B, Richard Street, Crewe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Aug 2022.
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 12B, Richard Street, Crewe is Crewe station which is 1.7 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 12B, Richard Street, Crewe, 67.1% of property is privately rented and 12.8% is socially 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 12B, Richard Street, Crewe, 16.0% of residents are recorded as possessing school level qualifications and 21.5% 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 12B, Richard Street, Crewe, the average age was 37.8 and the most common age was 32.
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 12B, Richard Street, Crewe, 0.0% 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 12B, Richard Street, Crewe, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.