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According to the public record, Apartment 19, Marsh Box 2, Newcastle is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 19, Marsh Box 2, Newcastle is £134,091 and the estimated rental value is £779 per month.
The apartment is within Marsh Box, Marsh Parade, Newcastle, ST5.
Marsh Parade, Newcastle, ST5 is located in the borough of Newcastle-under-Lyme within the ST5 postal district.
Apartment 19, Marsh Box 2, Newcastle has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated September 2021.
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.
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 Apartment 19, Marsh Box 2, Newcastle is in very good condition we estimate a sale value of £140,796 and a rental value of £818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,705 and a rental value of £724 per month.
Over the last 12 months the sale value of Apartment 19 Marsh Box 2 Newcastle has increased by an estimated £4,381 (3.3%) and its rental value has increased by an estimated £25 per month (3.2%), giving an expected gross yield of 7%.
Apartment 19, Marsh Box 2, Newcastle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Apartment 19, Marsh Box 2, Newcastle was last sold on 31st March 2022 for £117,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 19, Marsh Box 2, Newcastle within a radius of 530 metres over the last 2 years.
The most recent example is Apartment 11, Marsh Box 2, Marsh Parade, Newcastle, ST5 1FA, a leasehold flat which sold for £115,000 on the 1st December 2022.
Read more about house prices in ST5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsh Parade, Newcastle, ST5 has a total of 36 addresses. According to our analysis of all the public data, Apartment 19, Marsh Box 2, Newcastle is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in ST5.
The closest station to Apartment 19, Marsh Box 2, Newcastle is Stoke-on-Trent station which is 2.6 kilometres 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 Apartment 19, Marsh Box 2, Newcastle, 59.5% of property is socially rented and 30.6% is privately rented.
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 Apartment 19, Marsh Box 2, Newcastle, 16.4% of residents are recorded as possessing school level qualifications and 21.6% 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 Apartment 19, Marsh Box 2, 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 Apartment 19, Marsh Box 2, 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 Apartment 19, Marsh Box 2, Newcastle, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.