5 Molineux Close

    5, MOLINEUX CLOSE, NEWCASTLE UPON TYNE, NE6 1XN

    This flat/maisonette leasehold property on Molineux Close last sold in November 2023 for £78,000. Based on price growth in the NE6 district since then, its estimated current value is £91,506 — placing it in the 3rd percentile nationally and the 10th percentile within NE6. The property covers 46 m² (495 sq ft), giving an estimated value of £1,989 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £78,000

    Nov 2023

    Estimated Valuation

    £91,506

    Est. £/sq ft

    £185/sq ft

    £1,989/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area495 sq ft (46 m²)
    EPC dateJan 2023
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    30 Nov 2023

    £78,000

    6 Jan 2014

    £55,000

    23 Jan 2009

    £44,000

    Key Metrics

    Estimated valuation£91,506
    Value per sq ft / m²£185/sq ft (£1,989/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile10th percentile
    National percentile3rd percentile

    District Context — NE6

    NE6 covers central Newcastle, including areas around the city's core and northern residential neighbourhoods. It is a mixed urban community with strong rental demand and considerable social housing provision.

    Average Property Price - NE6

    £204,282

    13

    National percentile

    Average Net Household Income - NE6

    £19,923

    2

    National percentile

    10-Year Annualised Price Growth - NE6

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE6

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