8, Matfen Close
8, Matfen Close
Description & Estimates
Public records show 8, Matfen Close, Newcastle Upon Tyne to be a mid-century leasehold house with 688 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
8, Matfen Close, Newcastle Upon Tyne has an estimated sale value of £146,680 and an estimated rental value of £901 per month, assuming reasonable condition and based on the information available.
Matfen Close, Newcastle Upon Tyne, NE15 lies in the borough of Newcastle upon Tyne, within the NE15 postal district.
Our Data Sources
8, Matfen Close, Newcastle Upon Tyne has a single entry in the Land Registry from February 2012 and a single entry in the EPC database dated November 2011.
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 8, Matfen Close, Newcastle Upon Tyne would be worth £154,014, with a potential rental value of £946 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £136,413, with a rental value of £838 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 8, Matfen Close, Newcastle Upon Tyne has moved up by £2,302 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (4.4%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
8, Matfen Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Nov 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Matfen Close, Newcastle Upon Tyne last changed hands on 27th February 2012, selling for £96,500. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 33.1% since February 2012.
- Sold Feb 2012£96,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 8, Matfen Close, Newcastle Upon Tyne across the last 2 years.
Most recently, 9, Melrose Close, Newcastle Upon Tyne, NE15 7SU, a leasehold house, sold at £125,000 on the 14th March 2025.
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 8, Matfen Close, Newcastle Upon Tyne as the 5th largest and the 6th most expensive of the 6 addresses on Matfen Close, Newcastle Upon Tyne, NE15.
Against the NE15 postcode district average, it is £24k less expensive than the typical property.
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Schools Nearby
- 200mWaverley Primary School
- 400mBroadwood Primary School
- 500mSt George's Catholic Primary School, Bells Close
- 1.5kmSt Cuthbert's High School
- 1.8kmStudio West
- 2.3kmSt Thomas More Catholic School, Blaydon
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Public Transport Nearby
Blaydon station is the nearest stop to 8, Matfen Close, Newcastle Upon Tyne at 1.6 kilometres away.
- 1.6kmBlaydon
- 3.0kmMetroCentre
- 4.8kmDunston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
