South Close Wellfield Lane

    SOUTH CLOSE, WELLFIELD LANE, NEWCASTLE UPON TYNE, NE5 2ND

    This semi-detached freehold property on Wellfield Lane last sold in May 2016 for £145,000. Based on price growth in the NE5 district since then, its estimated current value is £200,066 — placing it in the 25th percentile nationally and the 61st percentile within NE5. The property covers 101 m² (1,087 sq ft), giving an estimated value of £1,981 per m². The EPC rating is E, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £145,000

    May 2016

    Estimated Valuation

    £200,066

    Est. £/sq ft

    £184/sq ft

    £1,981/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area1,087 sq ft (101 m²)
    EPC dateOct 2014
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters, Room heaters, electric

    Transaction History

    27 May 2016

    £145,000

    30 Jan 2015

    £146,000

    Key Metrics

    Estimated valuation£200,066
    Value per sq ft / m²£184/sq ft (£1,981/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile61st percentile
    National percentile25th percentile

    District Context — NE5

    NE5 covers areas in the west of Newcastle upon Tyne, sitting within the broader North East region. It is a mixed residential community with a diverse socioeconomic profile.

    Average Property Price - NE5

    £200,588

    12

    National percentile

    Average Net Household Income - NE5

    £34,218

    27

    National percentile

    10-Year Annualised Price Growth - NE5

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE5

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