Apartment 16 62 Close

    APARTMENT 16 62, CLOSE, NEWCASTLE UPON TYNE, NE1 3RJ

    This flat/maisonette leasehold property on Close last sold in August 2017 for £185,000. Based on price growth in the NE1 district since then, its estimated current value is £200,917 — placing it in the 25th percentile nationally and the 76th percentile within NE1. The property covers 68 m² (732 sq ft), giving an estimated value of £2,955 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £185,000

    Aug 2017

    Estimated Valuation

    £200,917

    Est. £/sq ft

    £275/sq ft

    £2,955/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 area732 sq ft (68 m²)
    EPC dateJun 2025
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Aug 2017

    £185,000

    7 Nov 2011

    £155,000

    Key Metrics

    Estimated valuation£200,917
    Value per sq ft / m²£275/sq ft (£2,955/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile76th percentile
    National percentile25th 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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