1 Milk Market

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

    This flat/maisonette leasehold property on Milk Market last sold in May 2022 for £132,000. Based on price growth in the NE1 district since then, its estimated current value is £141,503 — placing it in the 11th percentile nationally and the 41st percentile within NE1. The property covers 87 m² (936 sq ft), giving an estimated value of £1,626 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £132,000

    May 2022

    Estimated Valuation

    £141,503

    Est. £/sq ft

    £151/sq ft

    £1,626/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area936 sq ft (87 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 May 2022

    £132,000

    7 Nov 2014

    £132,250

    Key Metrics

    Estimated valuation£141,503
    Value per sq ft / m²£151/sq ft (£1,626/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile41st percentile
    National percentile11th 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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