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According to the public record, Apartment 33, Orme House 1, Newcastle is a modern leasehold apartment with 247 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 33, Orme House 1, Newcastle is £96,848 and the estimated rental value is £648 per month.
The apartment is within Orme House, Orme Road, Newcastle, ST5.
Orme Road, Newcastle, ST5 is located in the borough of Newcastle-under-Lyme within the ST5 postal district.
Apartment 33, Orme House 1, Newcastle has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated September 2022.
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 Apartment 33, Orme House 1, Newcastle is in very good condition we estimate a sale value of £101,691 and a rental value of £680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,069 and a rental value of £602 per month.
Over the last 12 months the sale value of Apartment 33 Orme House 1 Newcastle has increased by an estimated £4,249 (4.4%) and its rental value has increased by an estimated £23 per month (3.5%), giving an expected gross yield of 8%.
Apartment 33, Orme House 1, Newcastle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Sep 2022.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Apartment 33, Orme House 1, Newcastle was last sold on 7th October 2019 for £64,999 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has dropped 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 33, Orme House 1, Newcastle within a radius of 540 metres over the last 2 years.
The most recent example is Flat 121, Keele House , The Midway, Newcastle, ST5 1LD, a leasehold flat which sold for £52,000 on the 29th June 2023.
Read more about house prices in ST5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orme Road, Newcastle, ST5 has a total of 334 addresses. According to our analysis of all the public data, Apartment 33, Orme House 1, Newcastle is the 332nd largest and the 331st most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in ST5.
The closest station to Apartment 33, Orme House 1, Newcastle is Stoke-on-Trent station which is 3.4 kilometres away.
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 Apartment 33, Orme House 1, Newcastle, 44.8% of property is socially rented and 26.1% 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 Apartment 33, Orme House 1, Newcastle, 45.8% of residents are recorded as possessing school level qualifications and 26.9% 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 33, Orme House 1, Newcastle, the average age was 37.4 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 33, Orme House 1, 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 33, Orme House 1, 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.
