1 Ely Close

    1, ELY CLOSE, NEWCASTLE UPON TYNE, NE7 7YP

    This detached leasehold property on Ely Close last sold in April 2021 for £337,000. Based on price growth in the NE7 district since then, its estimated current value is £413,872 — placing it in the 69th percentile nationally and the 89th percentile within NE7. The property covers 129 m² (1,389 sq ft), giving an estimated value of £3,208 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £337,000

    Apr 2021

    Estimated Valuation

    £413,872

    Est. £/sq ft

    £298/sq ft

    £3,208/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,389 sq ft (129 m²)
    EPC dateFeb 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Apr 2021

    £337,000

    Key Metrics

    Estimated valuation£413,872
    Value per sq ft / m²£298/sq ft (£3,208/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile89th percentile
    National percentile69th 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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