24 Ministry Close

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

    This detached freehold property on Ministry Close last sold in August 2022 for £370,000. Based on price growth in the NE7 district since then, its estimated current value is £281,798 — placing it in the 45th percentile nationally and the 53rd percentile within NE7. The property covers 114 m² (1,227 sq ft), giving an estimated value of £2,472 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £370,000

    Aug 2022

    Estimated Valuation

    £281,798

    Est. £/sq ft

    £230/sq ft

    £2,472/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,227 sq ft (114 m²)
    EPC dateJan 2014
    WallsAverage thermal transmittance 0.32 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    £370,000

    31 Jul 2013

    New build

    £270,000

    Key Metrics

    Estimated valuation£281,798
    Value per sq ft / m²£230/sq ft (£2,472/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile53rd percentile
    National percentile45th 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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