4 Matfen Close

    4, MATFEN CLOSE, NEWCASTLE UPON TYNE, NE15 7RW

    This semi-detached freehold property on Matfen Close last sold in August 2020 for £124,000. Based on price growth in the NE15 district since then, its estimated current value is £142,128 — placing it in the 11th percentile nationally and the 37th percentile within NE15. The property covers 62 m² (667 sq ft), giving an estimated value of £2,292 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £124,000

    Aug 2020

    Estimated Valuation

    £142,128

    Est. £/sq ft

    £213/sq ft

    £2,292/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateJan 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Aug 2020

    £124,000

    Key Metrics

    Estimated valuation£142,128
    Value per sq ft / m²£213/sq ft (£2,292/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile37th percentile
    National percentile11th 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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