4, Cobalt Close
4, Cobalt Close
Description & Estimates
According to the public record, 4, Cobalt Close, Newcastle Upon Tyne is a modern leasehold house with 409 ft2 of internal area and sits on a 107 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Cobalt Close, Newcastle Upon Tyne is £103,150 and the estimated rental value is £669 per month.
Cobalt Close, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
Our Data Sources
4, Cobalt Close, Newcastle Upon Tyne has 41 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated March 2024.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Cobalt Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £108,308 and a rental value of £703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,930 and a rental value of £623 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Cobalt Close, Newcastle Upon Tyne has risen by £1,619 (1.6%), while its estimated rental value has moved up by £30 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Plot Size
According to data from HM Land Registry, 4, Cobalt Close, Newcastle Upon Tyne sits on a plot of 107 m2.
We have plot size data on 18 out of 18 other houses in the postcode and 4, Cobalt Close, Newcastle Upon Tyne sits on the 16th largest plot.
Energy Efficiency
4, Cobalt Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4, Cobalt Close, Newcastle Upon Tyne was last sold on 19th July 2024 for £90,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since July 2024, the market for similar properties has dropped by 12.5%.
- Sold Jul 2024£90,000
- Sold Jul 2022£89,000
- Sold Dec 2005£83,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Cobalt Close, Newcastle Upon Tyne within a radius of 620 metres over the last 2 years.
The most recent example is 1, Cobalt Close, Newcastle Upon Tyne, NE15 8TL, a freehold house which sold for £76,000 on the 28th June 2023.
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
Cobalt Close, Newcastle Upon Tyne, NE15 has a total of 24 addresses. According to our analysis of all the public data, 4, Cobalt Close, Newcastle Upon Tyne is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in NE15.
More reading links
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
The closest station to 4, Cobalt Close, Newcastle Upon Tyne is Blaydon station, which is 2.4 kilometres away.
- 2.4kmBlaydon
- 4.4kmMetroCentre
- 6.2kmDunston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
