Apartment 16 58 Close

    APARTMENT 16 58, CLOSE, NEWCASTLE UPON TYNE, NE1 3RJ

    This flat/maisonette leasehold property on Close last sold in April 2014 for £102,500. Based on price growth in the NE1 district since then, its estimated current value is £141,563 — placing it in the 11th percentile nationally and the 41st percentile within NE1. The property covers 39 m² (420 sq ft), giving an estimated value of £3,630 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £102,500

    Apr 2014

    Estimated Valuation

    £141,563

    Est. £/sq ft

    £337/sq ft

    £3,630/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area420 sq ft (39 m²)
    EPC dateSept 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Apr 2014

    £102,500

    8 Dec 2006

    £112,000

    Key Metrics

    Estimated valuation£141,563
    Value per sq ft / m²£337/sq ft (£3,630/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile41st percentile
    National percentile11th 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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