245 Clara Street, Newcastle Upon Tyne, NE4 8PY is a leasehold flat built between 1900-1929. The property offers approximately 990 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £67,730 , which equates to approximately £68 per square foot. It was last sold on 15 Feb 2016 for £52,000. Since then, the value has increased by £15,730, representing a 30.3% increase, or approximately 3.1% per year.

The current estimated value of £67,730 is:

  • 13.6% lower than the average property price on Clara Street
  • 26.4% lower than the average in the NE4 8PY postcode area
  • and 77.2% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 6 December 2011, the property was recorded as owner-occupied.

View sold house prices in NE4 8PY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
990 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£67,730
Price Per sq ft (estimate)
£68
Bedroom Count (estimate)
3 bedrooms

EPC Summary

245 Clara Street, Newcastle Upon Tyne, Tyne And Wear, NE4 8PY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Jul 2016.

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 6 Dec 2011, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 55.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from no system present: electric immersion assumed to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 64% of fixed outlets to low energy lighting in 70% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to NE4 8PY

15 th / 34
Price Rank
26% lower than average
10 th / 32
Size Rank
34% bigger than average
19 th / 32
Price Per Sq FT Rank
45% lower than average

Compared to other properties in NE4 8PY , this flat's estimated value ranks 15th out of 34. Based on price per square foot, it ranks 19th out of 32 properties. In terms of size, this home ranks 10th out of 32 properties in its postcode area.

Sale History

Today
£67,730
streetscan.co.uk estimate
+30 %
15 Feb 2016
£52,000
Leasehold
-33.3 %
2 Jul 2007
£78,000
Leasehold
+26.8 %
4 May 2006
£61,500
Leasehold
+24.2 %
19 Aug 2004
£49,500
Leasehold
+41.4 %
28 Jan 2004
£35,000
Leasehold
+89.2 %
15 Nov 2002
£18,500
Leasehold

Area Insights

Similar Properties Sold Nearby

205 Clara Street, Newcastle Upon Tyne, NE4 8PY
rooms: 5
size: 1109 sq ft
sale price: £55,500
sale date: 18 Sep 2015
193 Clara Street, Newcastle Upon Tyne, NE4 8PY
rooms: 4
size: 969 sq ft
sale price: £69,950
sale date: 18 Jan 2008
257 Clara Street, Newcastle Upon Tyne, NE4 8PY
rooms: 4
size: 936 sq ft
sale price: £53,500
sale date: 8 Sep 2006
240 Clara Street, Newcastle Upon Tyne, NE4 8PY
rooms: 4
size: 1055 sq ft
sale price: £63,000
sale date: 24 Apr 2006

Data Sources

The property at 245 Clara Street, Newcastle Upon Tyne, NE4 8PY appears six times in the Land Registry records, with the latest transaction recorded on 15 Feb 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jul 2016. 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.
↑