54 The Chare

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

    This flat/maisonette leasehold property on The Chare last sold in January 2023 for £140,000. Based on price growth in the NE1 district since then, its estimated current value is £139,717 — placing it in the 10th percentile nationally and the 40th percentile within NE1. The property covers 44 m² (474 sq ft), giving an estimated value of £3,175 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £140,000

    Jan 2023

    Estimated Valuation

    £139,717

    Est. £/sq ft

    £295/sq ft

    £3,175/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateNov 2019
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 Jan 2023

    £140,000

    16 Dec 2013

    £124,999

    3 May 2013

    £87,000

    Key Metrics

    Estimated valuation£139,717
    Value per sq ft / m²£295/sq ft (£3,175/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile40th percentile
    National percentile10th 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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