7 The Chare

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

    This flat/maisonette leasehold property on The Chare last sold in February 1995 for £39,000. Based on price growth in the NE1 district since then, its estimated current value is £119,965 — placing it in the 7th percentile nationally and the 25th percentile within NE1. The property covers 35 m² (377 sq ft), giving an estimated value of £3,428 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £39,000

    Feb 1995

    Estimated Valuation

    £119,965

    Est. £/sq ft

    £318/sq ft

    £3,428/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area377 sq ft (35 m²)
    EPC dateMar 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    13 Feb 1995

    £39,000

    Key Metrics

    Estimated valuation£119,965
    Value per sq ft / m²£318/sq ft (£3,428/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile25th percentile
    National percentile7th 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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