Apartment 17 62 Close

    APARTMENT 17 62, CLOSE, NEWCASTLE UPON TYNE, NE1 3RJ

    This flat/maisonette leasehold property on Close last sold in December 2020 for £297,000. Based on price growth in the NE1 district since then, its estimated current value is £400,594 — placing it in the 67th percentile nationally and the 98th percentile within NE1. The property covers 74 m² (797 sq ft), giving an estimated value of £5,413 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £297,000

    Dec 2020

    Estimated Valuation

    £400,594

    Est. £/sq ft

    £503/sq ft

    £5,413/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area797 sq ft (74 m²)
    EPC dateJun 2016
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Dec 2020

    £297,000

    12 Feb 2007

    £310,000

    Key Metrics

    Estimated valuation£400,594
    Value per sq ft / m²£503/sq ft (£5,413/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile98th percentile
    National percentile67th 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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