Apartment 18, 62 Close, Newcastle Upon Tyne, NE1 3RJ is a leasehold flat built between 2007-2011. The property offers approximately 797 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £156,692 , which equates to approximately £197 per square foot. It was last sold on 28 May 2010 for £125,000. Since then, the value has increased by £31,692, representing a 25.4% increase, or approximately 1.6% per year.

The current estimated value of £156,692 is:

  • 49.3% lower than the average property price on Close
  • 14.8% lower than the average in the NE1 3RJ postcode area
  • and 40.9% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 3 June 2021, the property was recorded as rented.

View sold house prices in NE1 3RJ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
797 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£156,692
Price Per sq ft (estimate)
£197
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 18, 62 Close, Newcastle Upon Tyne, Tyne And Wear, NE1 3RJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Jun 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Sep 2009. The rating of C is unchanged, though the energy efficiency score decreased by 6.6%.

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 poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from flat to flat, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 35% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 35% of fixed outlets
Average

Compared to NE1 3RJ

26 th / 39
Price Rank
15% lower than average
8 th / 39
Size Rank
23% bigger than average
36 th / 39
Price Per Sq FT Rank
31% lower than average

Compared to other properties in NE1 3RJ , this flat's estimated value ranks 26th out of 39. Based on price per square foot, it ranks 36th 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 8th out of 39 properties in its postcode area.

Sale History

Today
£156,692
streetscan.co.uk estimate
+25 %
28 May 2010
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £165,000
sale date: 11 Apr 2025
rooms: 3
size: 797 sq ft
sale price: £297,000
sale date: 15 Dec 2020
rooms: 3
size: 818 sq ft
sale price: £250,000
sale date: 6 Apr 2020
rooms: 3
size: 797 sq ft
sale price: £160,000
sale date: 10 May 2019
rooms: 3
size: 732 sq ft
sale price: £185,000
sale date: 25 Aug 2017

Data Sources

The property at Apartment 18, 62 Close, Newcastle Upon Tyne, Tyne And Wear, NE1 3RJ appears once in the Land Registry records, with the transaction recorded on 28 May 2010. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2021. 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.