16 Minerva Close

    16, MINERVA CLOSE, NEWCASTLE UPON TYNE, NE5 1YN

    This detached leasehold property on Minerva Close last sold in December 2021 for £245,000. Based on price growth in the NE5 district since then, its estimated current value is £281,234 — placing it in the 45th percentile nationally and the 86th percentile within NE5. The property covers 69 m² (743 sq ft), giving an estimated value of £4,076 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £245,000

    Dec 2021

    Estimated Valuation

    £281,234

    Est. £/sq ft

    £379/sq ft

    £4,076/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateJun 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Dec 2021

    £245,000

    Key Metrics

    Estimated valuation£281,234
    Value per sq ft / m²£379/sq ft (£4,076/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile86th percentile
    National percentile45th 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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