Flat 4 Marseille Chambers, 45 Groat Market

    FLAT 4 MARSEILLE CHAMBERS, 45, GROAT MARKET, NEWCASTLE UPON TYNE, NE1 1UG

    This flat/maisonette leasehold property on Groat Market last sold in December 2012 for £82,500. Based on price growth in the NE1 district since then, its estimated current value is £100,775 — placing it in the 4th percentile nationally and the 11th percentile within NE1. The property covers 71 m² (764 sq ft), giving an estimated value of £1,419 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £82,500

    Dec 2012

    Estimated Valuation

    £100,775

    Est. £/sq ft

    £132/sq ft

    £1,419/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateSept 2020
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2012

    £82,500

    30 Nov 2005

    £249,950

    7 Mar 2003

    £142,500

    Key Metrics

    Estimated valuation£100,775
    Value per sq ft / m²£132/sq ft (£1,419/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile11th percentile
    National percentile4th percentile

    District Context — NE1

    NE1 covers Newcastle city centre and its immediate surroundings in Tyne and Wear, positioned as the region's economic and cultural hub. It is a mixed-tenure urban neighbourhood with strong rental demand and a youthful demographic profile.

    Average Property Price - NE1

    £172,297

    6

    National percentile

    Average Net Household Income - NE1

    £588

    0

    National percentile

    10-Year Annualised Price Growth - NE1

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE1

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