Apartment 23 58 Close

    APARTMENT 23 58, CLOSE, NEWCASTLE UPON TYNE, NE1 3RJ

    This flat/maisonette leasehold property on Close last sold in April 2020 for £250,000. Based on price growth in the NE1 district since then, its estimated current value is £337,200 — placing it in the 57th percentile nationally and the 97th percentile within NE1. The property covers 76 m² (818 sq ft), giving an estimated value of £4,437 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £250,000

    Apr 2020

    Estimated Valuation

    £337,200

    Est. £/sq ft

    £412/sq ft

    £4,437/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateSept 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    6 Apr 2020

    £250,000

    10 Sept 2014

    £245,000

    8 Dec 2006

    £194,000

    Key Metrics

    Estimated valuation£337,200
    Value per sq ft / m²£412/sq ft (£4,437/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile97th percentile
    National percentile57th 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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