2 Shrewsbury Close

    2, SHREWSBURY CLOSE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE7 7YS

    This detached leasehold property on Shrewsbury Close last sold in April 1997 for £136,000. Based on price growth in the NE7 district since then, its estimated current value is £543,063 — placing it in the 82nd percentile nationally and the 96th percentile within NE7. The property covers 64 m² (689 sq ft), giving an estimated value of £8,485 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £136,000

    Apr 1997

    Estimated Valuation

    £543,063

    Est. £/sq ft

    £788/sq ft

    £8,485/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateOct 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Apr 1997

    £136,000

    Key Metrics

    Estimated valuation£543,063
    Value per sq ft / m²£788/sq ft (£8,485/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile96th percentile
    National percentile82nd 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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