Newcastle-under-Lyme

Area Guide For Newcastle-under-Lyme

Newcastle-under-Lyme is a business town in Staffordshire, England, and is the vital settlement in the Borough of Newcastle-under-Lyme. It is a piece of The Potteries Urban Area and North Staffordshire. In the 2001 registration the town had a populace of 73,944. It is not to be mistaken for the city of Newcastle upon Tyne. The Newcastle piece of the name gets from being the area of "another" mansion, implicit the twelfth century. The "Lyme" segment could allude to the Lyme Brook or the broad Forest of Lyme that secured the territory with lime trees in the mediã¦val period. Newcastle is not specified in the Domesday Book, as it grew up around the twelfth century palace, yet it should early have turned into a position of vitality, for a contract, known just through a reference in a sanction to Preston, was given to the town by Henry II of England in 1173. The new manor was assembled to supersede a more established post at Chesterton around two miles to the north, the remains of which were to be seen up to the end of the sixteenth century. In 1235 Henry III constituted it a free district, conceding a society vendor and different benefits. In 1251 he rented it at charge ranch to the burgesse.

 
 

Newcastle-under-Lyme Map

Estimated Price: £152,750
Average Asking Price: £224,584
Price change in last one year: £9,303
Average Price Paid: £141,790
Average Rent Rates: £1,227

 
 

Property Prices Breakdown in Newcastle-under-Lyme

Average Price for property in Newcastle-under-Lyme is around £152,750 which varies based on type of property you are interested in and ranges from £242,642 for detached house to around £136,653 for semi-detached. Similarly terraced house is around £98,008 and a flat is worth £111,754. Values have been changing and have risen £656 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,433 in last 6 months, £9,303 in last 1 year, £16,696 in last 2 years, £15,121 in last 3 years, £14,398 in last 4 years and £13,583 in last 5 years.

Currently average asking price of a property in Newcastle-under-Lyme is around £224,584 based on approximately 1,089 properties for sale. Same is the case with rental options based on 1,740 properties up for rent, average asking rent is around £1,227 per month.

Estimated property value in Newcastle-under-Lyme is £152,750. Average asking price is £224,584 while average price paid is £143,671 which is up by £9,303 and Avg. asking rent £1,227.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Newcastle-under-Lyme area. In last 1 year alone average price buyer paid is around £143,671 based on approximately 1,089 sales in Newcastle-under-Lyme area alone. If you compare it to last 3 years sales of 3,118 properties where buyers paid around £141,850. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £141,790 for 4,860 and average amount paid for purchase of approx. 6,475 properties sold in last 7 years comes to about £142,723 per sale.

 
 

Properties For Sale in Newcastle-under-Lyme

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £103,550, £110,812 for a 2 bedroom house, £171,506 for a 3 bedroom house, £322,210 for a 4 bedroom house and £424,653 for a 5 bedroom house. For a flat similarly the prices varies from £82,804 for a single bedroom to £111,895 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £179,350 and £285,000 for a 4 bedroom flat. To sum up the asking prices for properties in Newcastle-under-Lyme it comes to around average £89,028 for 1 bedroom property, £110,972 for 2 bedroom, £171,558 for 3 bedroom, £322,173 for 4 bedroom and £424,653 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £358 for 1 bedroom to £448 for 2 bedrooms, £577 for 3 bedrooms, £883 for 4 bedrooms and £1,097 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £439. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £553, £554 for 3 bedroom and £501 for 4 bedroom. You should be generally be expecting around average £418 rent per month for single bedroom property, £479 for 2 bedroom, £576 for 3 bedroom, £872 for 4 bedroom and approximately £1,097 for a 5 bedroom property in Newcastle-under-Lyme area.

Popular Houses in Newcastle-under-Lyme

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Newcastle-under-Lyme

Browse by Streets in Newcastle-under-Lyme

Browse by Outcodes in Newcastle-under-Lyme