Apartment 14 62 Close

    APARTMENT 14 62, CLOSE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE1 3RJ

    This flat/maisonette leasehold property on Close last sold in February 2007 for £250,000. Based on price growth in the NE1 district since then, its estimated current value is £228,271 — placing it in the 32nd percentile nationally and the 86th percentile within NE1. The property covers 92 m² (990 sq ft), giving an estimated value of £2,481 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

    £250,000

    Feb 2007

    Estimated Valuation

    £228,271

    Est. £/sq ft

    £230/sq ft

    £2,481/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

    2 Feb 2007

    £250,000

    Key Metrics

    Estimated valuation£228,271
    Value per sq ft / m²£230/sq ft (£2,481/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile86th percentile
    National percentile32nd 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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