8 Princes Close

    8, PRINCES CLOSE, NEWCASTLE UPON TYNE, NE3 5AS

    This terraced leasehold property on Princes Close last sold in October 2021 for £265,000. Based on price growth in the NE3 district since then, its estimated current value is £321,226 — placing it in the 54th percentile nationally and the 60th percentile within NE3. The property covers 98 m² (1,055 sq ft), giving an estimated value of £3,278 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £265,000

    Oct 2021

    Estimated Valuation

    £321,226

    Est. £/sq ft

    £305/sq ft

    £3,278/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,055 sq ft (98 m²)
    EPC dateApr 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Oct 2021

    £265,000

    9 Aug 2013

    £190,000

    Key Metrics

    Estimated valuation£321,226
    Value per sq ft / m²£305/sq ft (£3,278/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile60th percentile
    National percentile54th 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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