18 Milk Market

    18, MILK MARKET, NEWCASTLE UPON TYNE, NE1 3DN

    This flat/maisonette leasehold property on Milk Market last sold in October 2020 for £187,500. Based on price growth in the NE1 district since then, its estimated current value is £252,900 — placing it in the 38th percentile nationally and the 90th percentile within NE1. The property covers 76 m² (818 sq ft), giving an estimated value of £3,328 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £187,500

    Oct 2020

    Estimated Valuation

    £252,900

    Est. £/sq ft

    £309/sq ft

    £3,328/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateMar 2020
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 2020

    £187,500

    Key Metrics

    Estimated valuation£252,900
    Value per sq ft / m²£309/sq ft (£3,328/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile90th percentile
    National percentile38th 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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