Apartment 1, 58 Close, Newcastle Upon Tyne, NE1 3RJ is a leasehold flat built between 1967-1975. The property offers approximately 4,187 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £119,683 , which equates to approximately £29 per square foot. It was last sold on 19 Jan 2007 for £110,000. Since then, the value has increased by £9,683, representing a 8.8% increase, or approximately 0.5% per year.

The current estimated value of £119,683 is:

  • 61.3% lower than the average property price on Close
  • 34.9% lower than the average in the NE1 3RJ postcode area
  • and 54.9% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 24 November 2022, the property was recorded as rented.

View sold house prices in NE1 3RJ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
4187 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£119,683
Price Per sq ft (estimate)
£29
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Apartment 1, 58 Close, Newcastle Upon Tyne, Tyne And Wear, NE1 3RJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Nov 2022.

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 23 Jun 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 21.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • 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 wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE1 3RJ

38 th / 39
Price Rank
35% lower than average
1 st / 39
Size Rank
545% bigger than average
39 th / 39
Price Per Sq FT Rank
90% lower than average

Compared to other properties in NE1 3RJ , this flat's estimated value ranks 38th out of 39. Based on price per square foot, it ranks 39th out of 39 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 39 properties in its postcode area.

Sale History

Today
£119,683
streetscan.co.uk estimate
+9 %
19 Jan 2007
£110,000
Leasehold

Area Insights

Nearby Properties

Apartment 6, 58 Close, Newcastle Upon Tyne, NE1 3RJ
rooms: 3
size: 797 sq ft
sale price: £172,000
sale date: 7 Dec 2006
Apartment 2, 58 Close, Newcastle Upon Tyne, NE1 3RJ
rooms: 2
size: 388 sq ft
sale price: £109,000
sale date: 13 Mar 2015
Apartment 18, 58 Close, Newcastle Upon Tyne, NE1 3RJ
rooms: 3
size: 786 sq ft
sale price: £187,500
sale date: 8 Dec 2006
Apartment 15, 58 Close, Newcastle Upon Tyne, NE1 3RJ
rooms: 3
size: 786 sq ft
sale price: £192,500
sale date: 8 Dec 2006
Apartment 20, 58 Close, Newcastle Upon Tyne, NE1 3RJ
rooms: 3
size: 764 sq ft
sale price: £197,500
sale date: 8 Dec 2006

Data Sources

The property at Apartment 1, 58 Close, Newcastle Upon Tyne, Tyne And Wear, NE1 3RJ appears once in the Land Registry records, with the transaction recorded on 19 Jan 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Nov 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.
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