22 Marsham Close

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

    This terraced leasehold property on Marsham Close last sold in April 2021 for £65,000. Based on price growth in the NE15 district since then, its estimated current value is £71,000 — placing it in the 1st percentile nationally and the 6th percentile within NE15. The property covers 43 m² (463 sq ft), giving an estimated value of £1,651 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £65,000

    Apr 2021

    Estimated Valuation

    £71,000

    Est. £/sq ft

    £153/sq ft

    £1,651/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialB
    Floor area463 sq ft (43 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    30 Apr 2021

    £65,000

    13 Apr 2017

    £63,500

    12 Jun 2008

    £79,995

    20 Dec 2002

    £40,950

    27 Mar 1997

    £30,500

    Key Metrics

    Estimated valuation£71,000
    Value per sq ft / m²£153/sq ft (£1,651/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile6th percentile
    National percentile1st 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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