Apartment 22 Merchants Quay, 46 - 54 Close

    APARTMENT 22 MERCHANTS QUAY, 46 - 54, CLOSE, NEWCASTLE UPON TYNE, NE1 3RF

    This flat/maisonette leasehold property on Close last sold in February 2026 for £165,000. Based on price growth in the NE1 district since then, its estimated current value is £165,000 — placing it in the 19th percentile nationally and the 64th percentile within NE1. The property covers 71 m² (764 sq ft), giving an estimated value of £2,324 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £165,000

    Feb 2026

    Estimated Valuation

    £165,000

    Est. £/sq ft

    £216/sq ft

    £2,324/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    26 Feb 2026

    £165,000

    31 Oct 2005

    New build

    £225,000

    Key Metrics

    Estimated valuation£165,000
    Value per sq ft / m²£216/sq ft (£2,324/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile64th percentile
    National percentile19th 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

    More properties in NE1

    Streets in NE1

    Explore nearby