Apartment 2, 62 Close, Newcastle Upon Tyne, NE1 3RJ is a leasehold flat built between 2003-2006. The property offers approximately 377 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £124,107 , which equates to approximately £329 per square foot. It was last sold on 24 May 2023 for £115,000. Since then, the value has increased by £9,107, representing a 7.9% increase, or approximately 3.1% per year.

The current estimated value of £124,107 is:

  • 59.8% lower than the average property price on Close
  • 32.5% lower than the average in the NE1 3RJ postcode area
  • and 53.2% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 7 February 2022, the property was recorded as rented.

View sold house prices in NE1 3RJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
377 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£124,107
Price Per sq ft (estimate)
£329
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 2, 62 Close, Newcastle Upon Tyne, Tyne And Wear, NE1 3RJ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 7 Feb 2022.

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 1 Feb 2010, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • 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, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3RJ

37 th / 39
Price Rank
33% lower than average
36 th / 39
Size Rank
42% smaller than average
13 th / 39
Price Per Sq FT Rank
16% higher than average

Compared to other properties in NE1 3RJ , this flat's estimated value ranks 37th out of 39. Based on price per square foot, it ranks 13th out of 39 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 36th out of 39 properties in its postcode area.

Sale History

Today
£124,107
streetscan.co.uk estimate
+8 %
24 May 2023
£115,000
Leasehold
0 %
22 Dec 2006
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 354 sq ft
sale price: £115,000
sale date: 19 Feb 2018
rooms: 2
size: 323 sq ft
sale price: £110,000
sale date: 29 Oct 2015
rooms: 2
size: 431 sq ft
sale price: £111,000
sale date: 27 Mar 2015
rooms: 2
size: 388 sq ft
sale price: £109,000
sale date: 13 Mar 2015
rooms: 2
size: 420 sq ft
sale price: £104,950
sale date: 13 Aug 2014

Data Sources

The property at Apartment 2, 62 Close, Newcastle Upon Tyne, NE1 3RJ appears two times in the Land Registry records, with the latest transaction recorded on 24 May 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Feb 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.