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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
8, Park Avenue, Newcastle is recorded publicly as a period freehold house across 2,368 ft2 of internal area, sitting on a 1,578 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Park Avenue, Newcastle is £510,466 and its rental estimate is £1,630 per month, given the available information and assuming reasonable condition.
Park Avenue, Newcastle, ST5 falls within the ST5 postal district, in the borough of Newcastle-under-Lyme.
8, Park Avenue, Newcastle has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated May 2019.
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.
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 8, Park Avenue, Newcastle, we estimate a market value of £535,989 and a rental value of £1,712 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £474,733 and £1,516 per month respectively.
Over the last year, 8, Park Avenue, Newcastle has seen its estimated sale value grow by £8,313 (1.6%) and its estimated rental value climb by £19 per month (1.2%). This results in an estimated gross rental yield of 3.8%.
HM Land Registry records the plot of land for 8, Park Avenue, Newcastle as measuring 1,578 m2.
That makes it the largest plot in the postcode, where 21 of the 25 other houses have recorded plot data.
8, Park Avenue, Newcastle has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 May 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Park Avenue, Newcastle completed on 6th December 2019 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 11.1% over the period since December 2019.
Over the past 2 years 3 properties similar to 8, Park Avenue, Newcastle have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th January 2021, was 17, Park Avenue, Newcastle, ST5 8AX, a freehold house which sold for £435,000.
Read more about house prices in ST5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 44 addresses on Park Avenue, Newcastle, ST5, 8, Park Avenue, Newcastle comes out as the 7th largest and the 5th most expensive in our analysis of the public data.
It is also £338k more expensive than the average property across the ST5 district.
From 8, Park Avenue, Newcastle, the nearest station is Longport, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Park Avenue, Newcastle, 41.9% of property is privately owned outright and 36.3% 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 8, Park Avenue, Newcastle, 22.6% of residents are recorded as possessing school level qualifications and 38.2% 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 8, Park Avenue, Newcastle, the average age was 44.2 and the most common age was 52.
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 8, Park Avenue, Newcastle, 1.3% 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 8, Park Avenue, Newcastle, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
