23 The Chare

    23, THE CHARE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE1 4DD

    This flat/maisonette leasehold property on The Chare last sold in May 1998 for £42,500. Based on price growth in the NE1 district since then, its estimated current value is £87,791 — placing it in the 2nd percentile nationally and the 6th percentile within NE1. The property covers 34 m² (366 sq ft), giving an estimated value of £2,582 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    366 sq ft

    34 m²

    Last Sale Price

    £42,500

    May 1998

    Estimated Valuation

    £87,791

    Est. £/sq ft

    £240/sq ft

    £2,582/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area366 sq ft (34 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 May 1998

    £42,500

    Key Metrics

    Estimated valuation£87,791
    Value per sq ft / m²£240/sq ft (£2,582/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile6th percentile
    National percentile2nd 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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