40 Chase Court Rectory Lane

    40 CHASE COURT, RECTORY LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4NL

    This flat/maisonette leasehold property on Rectory Lane last sold in December 2024 for £94,000. Based on price growth in the NE16 district since then, its estimated current value is £91,728 — placing it in the 3rd percentile nationally and the 7th percentile within NE16. The property covers 43 m² (463 sq ft), giving an estimated value of £2,133 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £94,000

    Dec 2024

    Estimated Valuation

    £91,728

    Est. £/sq ft

    £198/sq ft

    £2,133/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area463 sq ft (43 m²)
    EPC dateJul 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters, Electric storage heaters

    Transaction History

    20 Dec 2024

    £94,000

    1 Sept 2022

    £95,000

    28 Nov 2011

    £51,000

    10 Oct 2003

    New build

    £132,950

    Key Metrics

    Estimated valuation£91,728
    Value per sq ft / m²£198/sq ft (£2,133/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile7th percentile
    National percentile3rd percentile

    District Context — NE16

    NE16 covers the areas south and west of Gateshead, including Whickham, Ryton and Crawcrook, sitting between the Tyne Valley and the northern suburbs of the conurbation. It is a relatively affluent, established residential district with strong owner-occupation and a mature demographic profile.

    Average Property Price - NE16

    £225,305

    20

    National percentile

    Average Net Household Income - NE16

    £37,049

    44

    National percentile

    10-Year Annualised Price Growth - NE16

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE16

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