5 Ministry Close

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

    This detached freehold property on Ministry Close last sold in December 2012 for £245,000. Based on price growth in the NE7 district since then, its estimated current value is £307,477 — placing it in the 51st percentile nationally and the 63rd percentile within NE7. The property covers 100 m² (1,076 sq ft), giving an estimated value of £3,075 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £245,000

    Dec 2012

    Estimated Valuation

    £307,477

    Est. £/sq ft

    £286/sq ft

    £3,075/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateSept 2012
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2012

    New build

    £245,000

    Key Metrics

    Estimated valuation£307,477
    Value per sq ft / m²£286/sq ft (£3,075/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile63rd percentile
    National percentile51st 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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