Cheviot View Scholars Close

    CHEVIOT VIEW, SCHOLARS CLOSE, MARLEY HILL, NEWCASTLE UPON TYNE, NE16 5AZ

    This semi-detached freehold property on Scholars Close last sold in January 2021 for £450,000. Based on price growth in the NE16 district since then, its estimated current value is £489,972 — placing it in the 78th percentile nationally and the 95th percentile within NE16. The property covers 296 m² (3,186 sq ft), giving an estimated value of £1,655 per m². The EPC rating is B, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    3,186 sq ft

    296 m²

    Last Sale Price

    £450,000

    Jan 2021

    Estimated Valuation

    £489,972

    Est. £/sq ft

    £154/sq ft

    £1,655/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area3,186 sq ft (296 m²)
    EPC dateOct 2020
    WallsAverage thermal transmittance 0.31 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jan 2021

    £450,000

    Key Metrics

    Estimated valuation£489,972
    Value per sq ft / m²£154/sq ft (£1,655/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile95th percentile
    National percentile78th percentile

    District Context — NE16

    NE16 covers the areas south and west of Gateshead, including Whickham, Ryton and Crawcrook, sitting between the Tyne Valley and the northern suburbs of the conurbation. It is a relatively affluent, established residential district with strong owner-occupation and a mature demographic profile.

    Average Property Price - NE16

    £225,305

    20

    National percentile

    Average Net Household Income - NE16

    £37,049

    44

    National percentile

    10-Year Annualised Price Growth - NE16

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE16

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