2 Moralee Close

    2, MORALEE CLOSE, NEWCASTLE UPON TYNE, NE7 7GE

    This detached freehold property on Moralee Close last sold in December 2015 for £360,000. Based on price growth in the NE7 district since then, its estimated current value is £475,093 — placing it in the 76th percentile nationally and the 93rd percentile within NE7. The property covers 123 m² (1,324 sq ft), giving an estimated value of £3,863 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £360,000

    Dec 2015

    Estimated Valuation

    £475,093

    Est. £/sq ft

    £359/sq ft

    £3,863/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,324 sq ft (123 m²)
    EPC dateJan 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2015

    £360,000

    5 Jul 2013

    £320,000

    3 May 2002

    £189,000

    3 Apr 1998

    New build

    £128,950

    Key Metrics

    Estimated valuation£475,093
    Value per sq ft / m²£359/sq ft (£3,863/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile93rd percentile
    National percentile76th 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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