Apartment 1, 62 Close, Newcastle Upon Tyne, NE1 3RJ is a leasehold flat built between 2003-2006. 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 £116,117 , which equates to approximately £117 per square foot. It was last sold on 23 Aug 2023 for £110,000. Since then, the value has increased by £6,117, representing a 5.6% increase, or approximately 2.4% per year.

The current estimated value of £116,117 is:

  • 62.4% lower than the average property price on Close
  • 36.9% lower than the average in the NE1 3RJ postcode area
  • and 56.2% lower than the average price for Newcastle Upon Tyne as a whole

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

View sold house prices in NE1 3RJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
990 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£116,117
Price Per sq ft (estimate)
£117
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 1, 62 Close, Newcastle Upon Tyne, Tyne And Wear, NE1 3RJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 18 Apr 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 12 Dec 2008, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 36.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, standard tariff.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3RJ

17 th / 39
Price Rank
37% lower than average
3 rd / 39
Size Rank
53% bigger than average
35 th / 39
Price Per Sq FT Rank
59% lower than average

Compared to other properties in NE1 3RJ , this flat's estimated value ranks 17th out of 39. Based on price per square foot, it ranks 35th 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 3rd out of 39 properties in its postcode area.

Sale History

Today
£116,117
streetscan.co.uk estimate
+6 %
23 Aug 2023
£110,000
Leasehold
-33.3 %
15 Feb 2019
£165,000
Leasehold
-7.8 %
20 Dec 2006
£179,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 21, 58 Close, Newcastle Upon Tyne, NE1 3RJ
rooms: 3
size: 936 sq ft
sale price: £295,000
sale date: 29 Apr 2016

Data Sources

The property at Apartment 1, 62 Close, Newcastle Upon Tyne, NE1 3RJ appears three times in the Land Registry records, with the latest transaction recorded on 23 Aug 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Apr 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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