3, Cobalt Close
3, Cobalt Close
Description & Estimates
Public records show 3, Cobalt Close, Newcastle Upon Tyne to be a modern leasehold house with 419 ft2 of internal area, sitting on a 146 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Cobalt Close, Newcastle Upon Tyne has an estimated sale value of £104,524 and an estimated rental value of £678 per month, assuming reasonable condition and based on the information available.
Cobalt Close, Newcastle Upon Tyne, NE15 lies in the borough of Newcastle upon Tyne, within the NE15 postal district.
Our Data Sources
3, Cobalt Close, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Cobalt Close, Newcastle Upon Tyne would be worth £109,750, with a potential rental value of £712 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £97,207, with a rental value of £631 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Cobalt Close, Newcastle Upon Tyne has grown by £1,641 (1.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (4.4%). The property's estimated gross yield is currently 7.8%.
Plot Size
3, Cobalt Close, Newcastle Upon Tyne occupies a 146 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
3, Cobalt Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
3, Cobalt Close, Newcastle Upon Tyne last changed hands on 19th April 2023, selling for £76,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 12.9% since April 2023.
- Sold Apr 2023£76,000
- Sold Dec 1995£32,400
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 3, Cobalt Close, Newcastle Upon Tyne across the last 2 years.
Most recently, 4, Cobalt Close, Newcastle Upon Tyne, NE15 8TL, a leasehold house, sold at £90,000 on the 19th July 2024.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Cobalt Close, Newcastle Upon Tyne as the 17th largest and the 16th most expensive of the 24 addresses on Cobalt Close, Newcastle Upon Tyne, NE15.
Against the NE15 postcode district average, it is £66k less expensive than the typical property.
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Schools Nearby
- 600mWest Denton Primary School
- 600mSt John Vianney Catholic Primary School, West Denton
- 1.0kmKnop Law Primary School
- 1.2kmStudio West
- 2.1kmWalbottle Academy
- 2.6kmSt Cuthbert's High School
More reading links
Public Transport Nearby
Blaydon station is the nearest stop to 3, Cobalt Close, Newcastle Upon Tyne at 2.4 kilometres away.
- 2.4kmBlaydon
- 4.4kmMetroCentre
- 6.2kmDunston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
