16 Gracefield Close

    16, GRACEFIELD CLOSE, NEWCASTLE UPON TYNE, NE5 1SW

    This terraced leasehold property on Gracefield Close last sold in September 2022 for £255,000. Based on price growth in the NE5 district since then, its estimated current value is £266,343 — placing it in the 41st percentile nationally and the 84th percentile within NE5. The property covers 111 m² (1,195 sq ft), giving an estimated value of £2,399 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £255,000

    Sept 2022

    Estimated Valuation

    £266,343

    Est. £/sq ft

    £223/sq ft

    £2,399/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateDec 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2022

    £255,000

    Key Metrics

    Estimated valuation£266,343
    Value per sq ft / m²£223/sq ft (£2,399/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile84th percentile
    National percentile41st 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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