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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, Cheviot Close, Newbury is recorded publicly as a mid-century freehold house across 1,657 ft2 of internal area, sitting on a 304 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Cheviot Close, Newbury is £598,388 and its rental estimate is £1,981 per month, given the available information and assuming reasonable condition.
Cheviot Close, Newbury, RG14 falls within the RG14 postal district.
2, Cheviot Close, Newbury has 51 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated May 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Cheviot Close, Newbury, we estimate a market value of £628,307 and a rental value of £2,080 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £556,500 and £1,842 per month respectively.
Over the last year, 2, Cheviot Close, Newbury has seen its estimated sale value drop by £12,953 (2.2%) and its estimated rental value rise by £54 per month (2.7%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 2, Cheviot Close, Newbury as measuring 304 m2.
That makes it the 22nd largest plot in the postcode, where all 26 other houses have recorded plot data.
2, Cheviot Close, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Cheviot Close, Newbury completed on 7th January 2021 at £515,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 4.8% over the period since January 2021.
Over the past 2 years 3 properties similar to 2, Cheviot Close, Newbury have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2024, was 77, Gorselands, Newbury, RG14 6PU, a freehold house which sold for £586,000.
Read more about house prices in RG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 26 addresses on Cheviot Close, Newbury, RG14, 2, Cheviot Close, Newbury comes out as the 5th largest and the 8th most expensive in our analysis of the public data.
It is also £216k more expensive than the average property across the RG14 district.
From 2, Cheviot Close, Newbury, the nearest station is Newbury, 3.0 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cheviot Close, Newbury, 36.2% of property is privately owned outright and 34.2% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 2, Cheviot Close, Newbury, 17.0% of residents are recorded as possessing school level qualifications and 40.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Cheviot Close, Newbury, the average age was 42.5 and the most common age was 47.
The graph below shows how this compares to South 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 2, Cheviot Close, Newbury, 0.6% of property was a second home.
Comparison figures for South 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 2, Cheviot Close, Newbury, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
