1 Ministry Close

    1, MINISTRY CLOSE, NEWCASTLE UPON TYNE, NE7 7NF

    This detached freehold property on Ministry Close last sold in December 2012 for £240,000. Based on price growth in the NE7 district since then, its estimated current value is £301,202 — placing it in the 49th percentile nationally and the 61st percentile within NE7. The property covers 101 m² (1,087 sq ft), giving an estimated value of £2,982 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £240,000

    Dec 2012

    Estimated Valuation

    £301,202

    Est. £/sq ft

    £277/sq ft

    £2,982/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,087 sq ft (101 m²)
    EPC dateAug 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2012

    New build

    £240,000

    Key Metrics

    Estimated valuation£301,202
    Value per sq ft / m²£277/sq ft (£2,982/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile61st percentile
    National percentile49th percentile

    District Context — NE7

    NE7 covers central Newcastle and surrounding neighbourhoods in the northeast of the city. It is a mixed residential and urban area with strong professional employment and established community appeal.

    Average Property Price - NE7

    £268,320

    33

    National percentile

    Average Net Household Income - NE7

    £43,944

    73

    National percentile

    10-Year Annualised Price Growth - NE7

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE7

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