2 Marsham Close

    2, MARSHAM CLOSE, NEWCASTLE UPON TYNE, NE15 7QL

    This terraced leasehold property on Marsham Close last sold in June 2020 for £79,500. Based on price growth in the NE15 district since then, its estimated current value is £100,427 — placing it in the 4th percentile nationally and the 16th percentile within NE15. The property covers 29 m² (312 sq ft), giving an estimated value of £3,463 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    312 sq ft

    29 m²

    Last Sale Price

    £79,500

    Jun 2020

    Estimated Valuation

    £100,427

    Est. £/sq ft

    £322/sq ft

    £3,463/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialA
    Floor area312 sq ft (29 m²)
    EPC dateApr 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Jun 2020

    £79,500

    10 Nov 2017

    £65,000

    22 May 2007

    £80,000

    11 Jun 2004

    £69,500

    6 Oct 2000

    £31,500

    Key Metrics

    Estimated valuation£100,427
    Value per sq ft / m²£322/sq ft (£3,463/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile16th percentile
    National percentile4th percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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