62 Magnolia Drive, Newcastle Upon Tyne, NE5 3QG is a freehold detached property built in 2012 onwards. The property offers approximately 936 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £260,801 , which equates to approximately £279 per square foot. It was last sold on 23 Aug 2022 for £223,350. Since then, the value has increased by £37,451, representing a 16.8% increase, or approximately 5.0% per year.

The current estimated value of £260,801 is:

  • 18.1% higher than the average property price on Magnolia Drive
  • 22.0% higher than the average in the NE5 3QG postcode area
  • and 1.6% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 26 March 2022, the property was recorded as owner-occupied.

View sold house prices in NE5 3QG

Building approximate location

About Property

Type
Detached House
Built
2012 onwards
Interior Size
936 sq ft
Tenure
Freehold
Price (estimate)
£260,801
Price Per sq ft (estimate)
£279
Bedroom Count (estimate)
3 bedrooms

EPC Summary

62 Magnolia Drive, Newcastle Upon Tyne, Tyne And Wear, NE5 3QG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Mar 2022.

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 16 Jan 2019, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.11 w/m-¦k to pitched, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.27 w/m-¦k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE5 3QG

5 th / 35
Price Rank
22% higher than average
4 th / 35
Size Rank
14% bigger than average
5 th / 35
Price Per Sq FT Rank
7% higher than average

Compared to other properties in NE5 3QG , this house's estimated value ranks 5th out of 35. Based on price per square foot, it ranks 5th out of 35 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 4th out of 35 properties in its postcode area.

Sale History

Today
£260,801
streetscan.co.uk estimate
+17 %
23 Aug 2022
£223,350
Leasehold
+9 %
29 Mar 2019
£204,995
Leasehold

Area Insights

Nearby Properties

rooms:
size: 915 sq ft
sale price: £210,000
sale date: 14 Nov 2024
rooms:
size: 818 sq ft
sale price: £178,995
sale date: 1 Mar 2019
rooms:
size: 915 sq ft
sale price: £187,000
sale date: 27 Jun 2019
rooms:
size: 915 sq ft
sale price: £175,000
sale date: 23 Apr 2021
rooms:
size: 678 sq ft
sale price: £155,000
sale date: 7 Feb 2023

Data Sources

The property at 62 Magnolia Drive, Newcastle Upon Tyne, NE5 3QG appears two times in the Land Registry records, with the latest transaction recorded on 23 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Mar 2022. 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.