1 Cobalt Close, Newcastle Upon Tyne, NE15 8TL is a freehold semi-detached property built between 1976-1982. The property offers approximately 420 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £87,256 , which equates to approximately £208 per square foot. It was last sold on 28 Jun 2023 for £76,000. Since then, the value has increased by £11,256, representing a 14.8% increase, or approximately 6.0% per year.

The current estimated value of £87,256 is:

  • 31.7% lower than the average property price on Cobalt Close
  • 35.0% lower than the average in the NE15 8TL postcode area
  • and 67.1% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 6 March 2023, the property was recorded as owner-occupied.

View sold house prices in NE15 8TL

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
420 sq ft
Tenure
Freehold
Price (estimate)
£87,256
Price Per sq ft (estimate)
£208
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Cobalt Close, Newcastle Upon Tyne, Tyne And Wear, NE15 8TL has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 6 Mar 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Aug 2011, when the property was rated E. The current rating of F reflects a decline in energy efficiency of 24.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 75 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE15 8TL

10 th / 18
Price Rank
35% lower than average
6 th / 12
Size Rank
36% smaller than average
3 rd / 12
Price Per Sq FT Rank
1% higher than average

Compared to other properties in NE15 8TL , this house's estimated value ranks 10th out of 18. Based on price per square foot, it ranks 3rd out of 12 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 12 properties in its postcode area.

Sale History

Today
£87,256
streetscan.co.uk estimate
+15 %
28 Jun 2023
£76,000
Leasehold
-13.1 %
10 May 2006
£87,500
Leasehold
+2.9 %
16 Jun 2005
£85,000
Leasehold
+88.9 %
17 Apr 2003
£45,000
Leasehold

Area Insights

Similar Properties Sold Nearby

2 Cobalt Close, Newcastle Upon Tyne, NE15 8TL
rooms: 2
size: 420 sq ft
sale price: £39,950
sale date: 27 Sep 2002

Data Sources

The property at 1 Cobalt Close, Newcastle Upon Tyne, NE15 8TL appears four times in the Land Registry records, with the latest transaction recorded on 28 Jun 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Mar 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑