42 The Chare

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

    This flat/maisonette leasehold property on The Chare last sold in April 2022 for £119,000. Based on price growth in the NE1 district since then, its estimated current value is £127,567 — placing it in the 8th percentile nationally and the 31st percentile within NE1. The property covers 43 m² (463 sq ft), giving an estimated value of £2,967 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £119,000

    Apr 2022

    Estimated Valuation

    £127,567

    Est. £/sq ft

    £276/sq ft

    £2,967/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area463 sq ft (43 m²)
    EPC dateJul 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    14 Apr 2022

    £119,000

    10 Mar 2000

    £44,750

    Key Metrics

    Estimated valuation£127,567
    Value per sq ft / m²£276/sq ft (£2,967/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile31st percentile
    National percentile8th 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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