12 Milk Market

    12, MILK MARKET, NEWCASTLE UPON TYNE, NE1 3DN

    This flat/maisonette leasehold property on Milk Market last sold in October 2022 for £250,000. Based on price growth in the NE1 district since then, its estimated current value is £267,998 — placing it in the 42nd percentile nationally and the 92nd percentile within NE1. The property covers 131 m² (1,410 sq ft), giving an estimated value of £2,046 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £250,000

    Oct 2022

    Estimated Valuation

    £267,998

    Est. £/sq ft

    £190/sq ft

    £2,046/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,410 sq ft (131 m²)
    EPC dateApr 2018
    WallsSolid brick, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2022

    £250,000

    6 Jul 2018

    £228,000

    3 Jun 2015

    £200,000

    Key Metrics

    Estimated valuation£267,998
    Value per sq ft / m²£190/sq ft (£2,046/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile92nd percentile
    National percentile42nd 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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