2 Chapel Close

    2, CHAPEL CLOSE, NEWCASTLE UPON TYNE, NE3 5QS

    This semi-detached freehold property on Chapel Close last sold in October 2020 for £345,000. Based on price growth in the NE3 district since then, its estimated current value is £404,498 — placing it in the 68th percentile nationally and the 74th percentile within NE3. The property covers 123 m² (1,324 sq ft), giving an estimated value of £3,289 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £345,000

    Oct 2020

    Estimated Valuation

    £404,498

    Est. £/sq ft

    £306/sq ft

    £3,289/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,324 sq ft (123 m²)
    EPC dateAug 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Oct 2020

    £345,000

    2 Dec 2009

    £120,000

    Key Metrics

    Estimated valuation£404,498
    Value per sq ft / m²£306/sq ft (£3,289/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile74th percentile
    National percentile68th percentile

    District Context — NE3

    NE3 covers suburbs and outlying areas in the northeast of Newcastle, extending into surrounding residential neighbourhoods. It is a relatively stable, family-oriented district with a mix of established housing stock and leafy character.

    Average Property Price - NE3

    £315,221

    47

    National percentile

    Average Net Household Income - NE3

    £42,222

    67

    National percentile

    10-Year Annualised Price Growth - NE3

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE3

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