3 The Chare

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

    This flat/maisonette leasehold property on The Chare last sold in July 2006 for £112,000. Based on price growth in the NE1 district since then, its estimated current value is £106,763 — placing it in the 5th percentile nationally and the 13th percentile within NE1. The property covers 27 m² (291 sq ft), giving an estimated value of £3,954 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    291 sq ft

    27 m²

    Last Sale Price

    £112,000

    Jul 2006

    Estimated Valuation

    £106,763

    Est. £/sq ft

    £367/sq ft

    £3,954/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area291 sq ft (27 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    10 Jul 2006

    £112,000

    1 May 1998

    £38,000

    Key Metrics

    Estimated valuation£106,763
    Value per sq ft / m²£367/sq ft (£3,954/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile13th percentile
    National percentile5th 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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