Apartment 1 62 Close

    APARTMENT 1 62, CLOSE, NEWCASTLE UPON TYNE, NE1 3RJ

    This flat/maisonette leasehold property on Close last sold in August 2023 for £110,000. Based on price growth in the NE1 district since then, its estimated current value is £109,777 — placing it in the 5th percentile nationally and the 17th percentile within NE1. The property covers 92 m² (990 sq ft), giving an estimated value of £1,193 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £110,000

    Aug 2023

    Estimated Valuation

    £109,777

    Est. £/sq ft

    £111/sq ft

    £1,193/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateApr 2023
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 Aug 2023

    £110,000

    15 Feb 2019

    £165,000

    20 Dec 2006

    £179,000

    Key Metrics

    Estimated valuation£109,777
    Value per sq ft / m²£111/sq ft (£1,193/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile17th percentile
    National percentile5th 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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