9, Wells Close
9, Wells Close
Description & Estimates
The public record lists 9, Wells Close, Newcastle Upon Tyne as a freehold house sitting on a 284 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,079 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
9, Wells Close, Newcastle Upon Tyne has an estimated sale value of £336,866 and an estimated rental value of £1,592 per month, assuming reasonable condition and based on the information available.
Wells Close, Newcastle Upon Tyne, NE7 lies in the borough of Newcastle upon Tyne, within the NE7 postal district.
Our Data Sources
9, Wells Close, Newcastle Upon Tyne has a single entry in the Land Registry from June 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 9, Wells Close, Newcastle Upon Tyne would be worth £353,710, with a potential rental value of £1,672 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £313,286, with a rental value of £1,481 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 9, Wells Close, Newcastle Upon Tyne has moved up by £4,831 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £65 (4.1%). The property's estimated gross yield is currently 5.7%.
Plot Size
9, Wells Close, Newcastle Upon Tyne occupies a 284 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
9, Wells Close, Newcastle Upon Tyne last changed hands on 25th June 2013, selling for £245,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.5% since June 2013.
- Sold Jun 2013£245,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 9, Wells Close, Newcastle Upon Tyne across the last 2 years.
Most recently, 19, Westminster Way, Newcastle Upon Tyne, NE7 7YU, a leasehold house, sold at £283,000 on the 31st October 2024.
Read more about house prices in NE7.
- Sold Oct 2024£283,000 | 3 Bed HouseWestminster Way19, Westminster Way, Newcastle Upon Tyne, NE7 7YU
- Sold Jun 2024£325,000 | 3 Bed HouseShrewsbury Close4, Shrewsbury Close, Newcastle Upon Tyne, NE7 7YS
- Sold Jun 2022£325,000 | 3 Bed HouseWestminster Way11, Westminster Way, Newcastle Upon Tyne, NE7 7YU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 9, Wells Close, Newcastle Upon Tyne as the 6th largest and the 6th most expensive of the 10 addresses on Wells Close, Newcastle Upon Tyne, NE7.
Against the NE7 postcode district average, it is £154k more expensive than the typical property.
More reading links
Schools Nearby
- 500mBenton Park Primary School
- 1.1kmSt Stephen's Catholic Primary School, Newcastle
- 1.1kmSt Bartholomew's Church of England Primary School (Aided)
- 1.5kmSt Mary's Catholic School
- 1.5kmJesmond Park Academy
- 1.7kmLongbenton High School
More reading links
Public Transport Nearby
Manors station is the nearest stop to 9, Wells Close, Newcastle Upon Tyne at 4.0 kilometres away.
- 4.0kmManors
- 4.7kmNorthumberland Park (Tyne & Wear)
- 4.9kmNewcastle
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.
