8 Ely Close

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

    This detached leasehold property on Ely Close last sold in February 2022 for £386,000. Based on price growth in the NE7 district since then, its estimated current value is £293,983 — placing it in the 48th percentile nationally and the 58th percentile within NE7. The property covers 131 m² (1,410 sq ft), giving an estimated value of £2,244 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £386,000

    Feb 2022

    Estimated Valuation

    £293,983

    Est. £/sq ft

    £208/sq ft

    £2,244/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,410 sq ft (131 m²)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Feb 2022

    £386,000

    Key Metrics

    Estimated valuation£293,983
    Value per sq ft / m²£208/sq ft (£2,244/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile58th percentile
    National percentile48th 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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