Apartment 23 Merchants Quay, 46 - 54 Close

    APARTMENT 23 MERCHANTS QUAY, 46 - 54, CLOSE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE1 3RF

    This flat/maisonette leasehold property on Close last sold in October 2005 for £225,000. Based on price growth in the NE1 district since then, its estimated current value is £219,318 — placing it in the 29th percentile nationally and the 83rd percentile within NE1. The property covers 64 m² (689 sq ft), giving an estimated value of £3,427 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £225,000

    Oct 2005

    Estimated Valuation

    £219,318

    Est. £/sq ft

    £318/sq ft

    £3,427/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateJan 2016
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Oct 2005

    New build

    £225,000

    Key Metrics

    Estimated valuation£219,318
    Value per sq ft / m²£318/sq ft (£3,427/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile83rd percentile
    National percentile29th percentile

    District Context — NE1

    NE1 covers Newcastle city centre and its immediate surroundings in Tyne and Wear, positioned as the region's economic and cultural hub. It is a mixed-tenure urban neighbourhood with strong rental demand and a youthful demographic profile.

    Average Property Price - NE1

    £172,297

    6

    National percentile

    Average Net Household Income - NE1

    £588

    0

    National percentile

    10-Year Annualised Price Growth - NE1

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE1

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