Apartment 5, 62 Close, Newcastle Upon Tyne, NE1 3RJ is a leasehold flat built in 2007 onwards. The property offers approximately 323 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 £134,248 , which equates to approximately £416 per square foot. It was last sold on 29 Oct 2015 for £110,000. Since then, the value has increased by £24,248, representing a 22.0% increase, or approximately 2.2% per year.

The current estimated value of £134,248 is:

  • 56.5% lower than the average property price on Close
  • 27.0% lower than the average in the NE1 3RJ postcode area
  • and 49.4% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 10 February 2010, the property was recorded as owner-occupied.

View sold house prices in NE1 3RJ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
323 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£134,248
Price Per sq ft (estimate)
£416
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 5, 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 25 Jun 2020.

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 10 Feb 2010, and the property received the same rating of B with an unchanged energy efficiency score of 81.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from very good to very poor.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 36% of fixed outlets, with efficiency improving from poor to average.
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 36% of fixed outlets
Average

Compared to NE1 3RJ

36 th / 39
Price Rank
27% lower than average
39 th / 39
Size Rank
50% smaller than average
4 th / 39
Price Per Sq FT Rank
46% higher than average

Compared to other properties in NE1 3RJ , this flat's estimated value ranks 36th out of 39. Based on price per square foot, it ranks 4th 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 39th out of 39 properties in its postcode area.

Sale History

Today
£134,248
streetscan.co.uk estimate
+22 %
29 Oct 2015
£110,000
Leasehold
-8.3 %
21 Dec 2006
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 8, 62 Close, Newcastle Upon Tyne, NE1 3RJ
rooms: 2
size: 354 sq ft
sale price: £115,000
sale date: 19 Feb 2018

Data Sources

The property at Apartment 5, 62 Close, Newcastle Upon Tyne, NE1 3RJ appears two times in the Land Registry records, with the latest transaction recorded on 29 Oct 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jun 2020. 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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