2 Mandarin Close

    2, MANDARIN CLOSE, NEWCASTLE UPON TYNE, NE5 1YW

    This detached leasehold property on Mandarin Close last sold in July 2023 for £415,000. Based on price growth in the NE5 district since then, its estimated current value is £421,774 — placing it in the 70th percentile nationally and the 97th percentile within NE5. The property covers 147 m² (1,582 sq ft), giving an estimated value of £2,869 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,582 sq ft

    147 m²

    Last Sale Price

    £415,000

    Jul 2023

    Estimated Valuation

    £421,774

    Est. £/sq ft

    £267/sq ft

    £2,869/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,582 sq ft (147 m²)
    EPC dateOct 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jul 2023

    £415,000

    Key Metrics

    Estimated valuation£421,774
    Value per sq ft / m²£267/sq ft (£2,869/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile97th percentile
    National percentile70th 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

    More properties in NE5

    Streets in NE5

    Explore nearby