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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
According to the public record, 2, Vessey Terrace, Newcastle is a period leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Vessey Terrace, Newcastle is £78,771 and the estimated rental value is £605 per month.
The apartment is within 2, Vessey Terrace, Newcastle, ST5.
Vessey Terrace, Newcastle, ST5 is located in the borough of Newcastle-under-Lyme within the ST5 postal district.
2, Vessey Terrace, Newcastle has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 2, Vessey Terrace, Newcastle is in very good condition we estimate a sale value of £82,709 and a rental value of £635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,257 and a rental value of £563 per month.
Over the last 12 months the sale value of 2 Vessey Terrace Newcastle has increased by an estimated £3,485 (4.4%) and its rental value has increased by an estimated £24 per month (4.0%), giving an expected gross yield of 9.2%.
2, Vessey Terrace, Newcastle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Vessey Terrace, Newcastle was last sold on 21st June 2024 for £75,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has dropped 36.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 460 metres radius of 2, Vessey Terrace, Newcastle over the last 2 years.
The most recent example is 2A, Vessey Terrace, Newcastle, ST5 1LS, a leasehold flat which sold for £70,000 on the 28th June 2023.
Read more about house prices in ST5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vessey Terrace, Newcastle, ST5 has a total of 31 addresses. According to our analysis of all the public data, 2, Vessey Terrace, Newcastle is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in ST5.
The closest station to 2, Vessey Terrace, Newcastle is Stoke-on-Trent station which is 2.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Vessey Terrace, Newcastle, 39.7% of property is privately rented and 30.2% is privately owned outright.
The graph below shows how this compares to West Midlands 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, Vessey Terrace, Newcastle, 24.3% of residents are recorded as possessing school level qualifications and 40.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Vessey Terrace, Newcastle, the average age was 41 and the most common age was 22.
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 2, Vessey Terrace, Newcastle, 0.4% 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 2, Vessey Terrace, Newcastle, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
