16 Malaga Close

    16, MALAGA CLOSE, NEWCASTLE UPON TYNE, NE5 1YB

    This detached leasehold property on Malaga Close last sold in September 2020 for £296,000. Based on price growth in the NE5 district since then, its estimated current value is £368,567 — placing it in the 62nd percentile nationally and the 94th percentile within NE5. The property covers 126 m² (1,356 sq ft), giving an estimated value of £2,925 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £296,000

    Sept 2020

    Estimated Valuation

    £368,567

    Est. £/sq ft

    £272/sq ft

    £2,925/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,356 sq ft (126 m²)
    EPC dateAug 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Sept 2020

    £296,000

    11 Jan 2008

    £285,950

    5 Oct 2003

    £228,000

    Key Metrics

    Estimated valuation£368,567
    Value per sq ft / m²£272/sq ft (£2,925/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile94th percentile
    National percentile62nd 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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