Apartment 4 62 Close

    APARTMENT 4 62, CLOSE, NEWCASTLE UPON TYNE, NE1 3RJ

    This flat/maisonette leasehold property on Close last sold in April 2025 for £165,000. Based on price growth in the NE1 district since then, its estimated current value is £165,000 — placing it in the 16th percentile nationally and the 57th percentile within NE1. The property covers 65 m² (700 sq ft), giving an estimated value of £2,538 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £165,000

    Apr 2025

    Estimated Valuation

    £165,000

    Est. £/sq ft

    £236/sq ft

    £2,538/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 area700 sq ft (65 m²)
    EPC dateMay 2024
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Apr 2025

    £165,000

    17 Aug 2017

    £155,000

    19 Apr 2011

    £155,000

    5 May 2010

    New build

    £175,000

    Key Metrics

    Estimated valuation£165,000
    Value per sq ft / m²£236/sq ft (£2,538/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile57th percentile
    National percentile16th 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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