5 Molineux Close, Newcastle Upon Tyne, NE6 1XN is a leasehold flat built between 1976-1982. The property offers approximately 495 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £84,796 , which equates to approximately £171 per square foot. It was last sold on 30 Nov 2023 for £78,000. Since then, the value has increased by £6,796, representing a 8.7% increase, or approximately 4.3% per year.

The current estimated value of £84,796 is:

  • 35.6% lower than the average property price on Molineux Close
  • 37.2% lower than the average in the NE6 1XN postcode area
  • and 71.5% lower than the average price for Newcastle Upon Tyne as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 18 January 2023, the property was recorded as owner-occupied.

View sold house prices in NE6 1XN

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£84,796
Price Per sq ft (estimate)
£171
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 Molineux Close, Newcastle Upon Tyne, Tyne And Wear, NE6 1XN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Jan 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 1 Sep 2022. The rating of D is unchanged, though the energy efficiency score decreased by 9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to good.
  • The wall energy efficiency improving from average to good, with the construction or insulation remaining cavity wall, filled cavity.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£84,796
streetscan.co.uk estimate
+9 %
30 Nov 2023
£78,000
Leasehold
+41.8 %
6 Jan 2014
£55,000
Leasehold
+25 %
23 Jan 2009
£44,000
Leasehold

Area Insights

Nearby Properties

11 Molineux Close, Newcastle Upon Tyne, NE6 1XN
rooms: 4
size: 840 sq ft
sale price: £115,000
sale date: 27 Aug 2021
13 Molineux Close, Newcastle Upon Tyne, NE6 1XN
rooms: 4
size: 820 sq ft
sale price: £115,000
sale date: 14 Jul 2017
15 Molineux Close, Newcastle Upon Tyne, NE6 1XN
rooms: 6
size: 788 sq ft
sale price: £115,000
sale date: 20 Jan 2006

Data Sources

The property at 5 Molineux Close, Newcastle Upon Tyne, NE6 1XN appears three times in the Land Registry records, with the latest transaction recorded on 30 Nov 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jan 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.
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