23 Gracefield Close, Newcastle Upon Tyne, NE5 1SW is a leasehold flat built between 1967-1975. The property offers approximately 657 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £140,204 , which equates to approximately £213 per square foot. It was last sold on 26 Sep 2014 for £110,000. Since then, the value has increased by £30,204, representing a 27.5% increase, or approximately 2.4% per year.

The current estimated value of £140,204 is:

  • 43.0% lower than the average property price on Gracefield Close
  • 41.7% lower than the average in the NE5 1SW postcode area
  • and 47.1% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 28 January 2014, the property was recorded as owner-occupied.

View sold house prices in NE5 1SW

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£140,204
Price Per sq ft (estimate)
£213
Bedroom Count (estimate)
2 bedrooms

EPC Summary

23 Gracefield Close, Newcastle Upon Tyne, Tyne And Wear, NE5 1SW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Jan 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 31 Mar 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 22.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 9% of fixed outlets, with efficiency changing from good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 9% of fixed outlets
Very Poor

Compared to NE5 1SW

14 th / 17
Price Rank
42% lower than average
10 th / 11
Size Rank
33% smaller than average
4 th / 11
Price Per Sq FT Rank
13% lower than average

Compared to other properties in NE5 1SW , this flat's estimated value ranks 14th out of 17. Based on price per square foot, it ranks 4th out of 11 properties. In terms of size, this home ranks 10th out of 11 properties in its postcode area.

Sale History

Today
£140,204
streetscan.co.uk estimate
+27 %
26 Sep 2014
£110,000
Leasehold
+1.9 %
29 Nov 2011
£108,000
Leasehold
-3.6 %
11 Jun 2010
£112,000
Leasehold
+119.6 %
27 Sep 1999
£51,000
Leasehold
+13.3 %
12 Jul 1996
£45,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 630 sq ft
sale price: £118,000
sale date: 7 Jan 2022

Data Sources

The property at 23 Gracefield Close, Newcastle Upon Tyne, NE5 1SW appears five times in the Land Registry records, with the latest transaction recorded on 26 Sep 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jan 2014. 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.