16, The Chare
16, The Chare
Description & Estimates
According to the public record, 16, The Chare, Newcastle Upon Tyne is a modern apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, The Chare, Newcastle Upon Tyne is £115,714 and the estimated rental value is £927 per month.
The Chare, Newcastle Upon Tyne, NE1 is located in the borough of Newcastle upon Tyne within the NE1 postal district.
Our Data Sources
16, The Chare, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, The Chare, Newcastle Upon Tyne is in very good condition we estimate a sale value of £121,500 and a rental value of £973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,614 and a rental value of £862 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, The Chare, Newcastle Upon Tyne has dropped by £64 (0.1%), while its estimated rental value has risen by £17 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 9.6%.
Energy Efficiency
16, The Chare, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, The Chare, Newcastle Upon Tyne within a radius of 430 metres over the last 2 years.
The most recent example is 10, The Chare, Newcastle Upon Tyne, NE1 4DD, a leasehold flat which sold for £104,500 on the 18th August 2023.
Read more about house prices in NE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
The Chare, Newcastle Upon Tyne, NE1 has a total of 55 addresses. According to our analysis of all the public data, 16, The Chare, Newcastle Upon Tyne is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in NE1.
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Schools Nearby
- 1.0kmOur Lady and St Anne's Catholic Primary School
- 1.0kmChrist Church CofE Primary School
- 1.1kmSt Paul's CofE Primary School
- 1.1kmNorth East Futures UTC
- 2.7kmSacred Heart Catholic High School
- 2.7kmJesmond Park Academy
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Public Transport Nearby
The closest station to 16, The Chare, Newcastle Upon Tyne is Newcastle station, which is 900 metres away.
- 900mNewcastle
- 900mManors
- 3.3kmDunston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
