Apartment 7, 62 Close, Newcastle Upon Tyne, NE1 3RJ is a leasehold flat built between 2007-2011. The property offers approximately 721 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £197,863 , which equates to approximately £274 per square foot. It was last sold on 19 Oct 2011 for £145,000. Since then, the value has increased by £52,863, representing a 36.5% increase, or approximately 2.6% per year.

The current estimated value of £197,863 is:

  • 36.0% lower than the average property price on Close
  • 7.6% higher than the average in the NE1 3RJ postcode area
  • and 25.4% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 28 April 2022, 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
721 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£197,863
Price Per sq ft (estimate)
£274
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 7, 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 28 Apr 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 17 Jun 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 15.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched to (another dwelling above), changing energy efficiency from very good to n/a.
  • 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 low energy lighting in 15% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to NE1 3RJ

18 th / 39
Price Rank
8% higher than average
21 st / 39
Size Rank
11% bigger than average
27 th / 39
Price Per Sq FT Rank
3% lower than average

Compared to other properties in NE1 3RJ , this flat's estimated value ranks 18th out of 39. Based on price per square foot, it ranks 27th 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 21th out of 39 properties in its postcode area.

Sale History

Today
£197,863
streetscan.co.uk estimate
+36 %
19 Oct 2011
£145,000
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 7, 62 Close, Newcastle Upon Tyne, Tyne And Wear, NE1 3RJ appears once in the Land Registry records, with the transaction recorded on 19 Oct 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Apr 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.