1 Medburn Close

    1, MEDBURN CLOSE, MEDBURN, NEWCASTLE UPON TYNE, NE20 0JT

    This detached freehold property on Medburn Close last sold in August 2021 for £1,000,000. Based on price growth in the NE20 district since then, its estimated current value is £1,131,443 — placing it in the 97th percentile nationally and the 95th percentile within NE20. The property covers 503 m² (5,414 sq ft), giving an estimated value of £2,249 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    5,414 sq ft

    503 m²

    Last Sale Price

    £1,000,000

    Aug 2021

    Estimated Valuation

    £1,131,443

    Est. £/sq ft

    £209/sq ft

    £2,249/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area5,414 sq ft (503 m²)
    EPC dateJul 2021
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    2 Aug 2021

    £1,000,000

    Key Metrics

    Estimated valuation£1,131,443
    Value per sq ft / m²£209/sq ft (£2,249/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE20 district percentile95th percentile
    National percentile97th percentile

    District Context — NE20

    NE20 covers parts of rural and semi-rural Northumberland, including areas around Ponteland and the commuter belt north of Newcastle. It is a predominantly mature, affluent residential area with strong owner-occupation and professional employment.

    Average Property Price - NE20

    £552,889

    86

    National percentile

    Average Net Household Income - NE20

    £46,601

    80

    National percentile

    10-Year Annualised Price Growth - NE20

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE20

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