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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Parkfields Close, Newcastle is £68,223 and the estimated rental value is £576 per month.
Parkfields Close, Newcastle, ST5 is located in the borough of Newcastle-under-Lyme within the ST5 postal district.
31, Parkfields Close, Newcastle has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data 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 31, Parkfields Close, Newcastle is in very good condition we estimate a sale value of £71,634 and a rental value of £605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,447 and a rental value of £536 per month.
Over the last 12 months the sale value of 31 Parkfields Close Newcastle has increased by an estimated £2,851 (4.2%) and its rental value has increased by an estimated £17 per month (3.0%), giving an expected gross yield of 10.1%.
31, Parkfields Close, Newcastle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Parkfields Close, Newcastle within a radius of 830 metres over the last 2 years.
The most recent example is Flat 24, Chapel Court, Chapel Street, Newcastle, ST5 6PY, a leasehold flat which sold for £70,000 on the 3rd September 2024.
Read more about house prices in ST5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkfields Close, Newcastle, ST5 has a total of 40 addresses. According to our analysis of all the public data, 31, Parkfields Close, Newcastle is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in ST5.
The closest station to 31, Parkfields Close, Newcastle is Longport station which is 5.1 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 31, Parkfields Close, Newcastle, 52.5% of property is socially rented and 19.5% is privately owned with a mortgage.
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 31, Parkfields Close, Newcastle, 20.5% of residents are recorded as possessing school level qualifications and 27.0% 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 31, Parkfields Close, Newcastle, the average age was 35.3 and the most common age was 17.
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 31, Parkfields Close, Newcastle, 0.0% 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 31, Parkfields Close, Newcastle, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.