24 Cobalt Close

    24, COBALT CLOSE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE15 8TL

    This flat/maisonette leasehold property on Cobalt Close last sold in November 2003 for £59,950. Based on price growth in the NE15 district since then, its estimated current value is £128,614 — placing it in the 8th percentile nationally and the 29th percentile within NE15. The property covers 34 m² (366 sq ft), giving an estimated value of £3,783 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    366 sq ft

    34 m²

    Last Sale Price

    £59,950

    Nov 2003

    Estimated Valuation

    £128,614

    Est. £/sq ft

    £351/sq ft

    £3,783/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area366 sq ft (34 m²)
    EPC dateJan 2024
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    14 Nov 2003

    £59,950

    18 Oct 2000

    £30,000

    10 Sept 1999

    £30,000

    18 Oct 1996

    £25,000

    Key Metrics

    Estimated valuation£128,614
    Value per sq ft / m²£351/sq ft (£3,783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile29th percentile
    National percentile8th 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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