7, Ambergate Close
7, Ambergate Close
Description & Estimates
7, Ambergate Close, Newcastle Upon Tyne is described in the public record as a mid-century apartment with 721 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 7, Ambergate Close, Newcastle Upon Tyne is £68,194 and its rental estimate is £559 per month, given the available information and assuming reasonable condition.
Ambergate Close, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
7, Ambergate Close, Newcastle Upon Tyne has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Ambergate Close, Newcastle Upon Tyne, we estimate a market value of £71,604 and a rental value of £587 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £63,421 and £520 per month respectively.
Recent Market Change
Over the last year, 7, Ambergate Close, Newcastle Upon Tyne has seen its estimated sale value drop by £124 (0.2%) and its estimated rental value rise by £12 per month (2.1%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
7, Ambergate Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Ambergate Close, Newcastle Upon Tyne completed on 31st May 2002 at £36,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
- Sold May 2002£36,500
- Sold Oct 2001£31,950
- Sold May 1997£30,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Ambergate Close, Newcastle Upon Tyne have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2024, was 12, Ambergate Close, Newcastle Upon Tyne, NE5 4AG, a leasehold flat which sold for £60,000.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 33 addresses on Ambergate Close, Newcastle Upon Tyne, NE5, 7, Ambergate Close, Newcastle Upon Tyne comes out as the 10th largest and the 20th most expensive in our analysis of the public data.
It is also £91k less expensive than the average property across the NE5 district.
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Schools Nearby
- 100mFarne Primary School
- 400mSt Mark's Catholic Primary School, Westerhope
- 500mCheviot Primary School
- 1.0kmStudio West
- 1.1kmCallerton Academy
- 2.0kmKenton School
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Public Transport Nearby
From 7, Ambergate Close, Newcastle Upon Tyne, the nearest station is Blaydon, 4.1 kilometres away.
- 4.1kmBlaydon
- 4.8kmMetroCentre
- 5.7kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
