17, The Chare
17, The Chare
Description & Estimates
17, The Chare, Newcastle Upon Tyne is recorded publicly as a modern leasehold apartment across 387 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 17, The Chare, Newcastle Upon Tyne is £115,714 and its rental estimate is £927 per month, given the available information and assuming reasonable condition.
The Chare, Newcastle Upon Tyne, NE1 falls within the NE1 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
17, The Chare, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated October 2019.
We combine this information with that 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 17, The Chare, Newcastle Upon Tyne, we estimate a market value of £121,500 and a rental value of £973 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,614 and £862 per month respectively.
Recent Market Change
Over the last year, 17, The Chare, Newcastle Upon Tyne has seen its estimated sale value decline by £64 (0.1%) and its estimated rental value climb by £17 per month (1.8%). This results in an estimated gross rental yield of 9.6%.
Energy Efficiency
17, The Chare, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 17, The Chare, Newcastle Upon Tyne completed on 9th January 2015 at £96,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 85.4% over the period since January 2015.
- Sold Jan 2015£96,000
- Sold Apr 1998£46,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 17, The Chare, Newcastle Upon Tyne have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th August 2023, was 10, The Chare, Newcastle Upon Tyne, NE1 4DD, a leasehold flat which sold for £104,500.
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
Of the 55 addresses on The Chare, Newcastle Upon Tyne, NE1, 17, The Chare, Newcastle Upon Tyne comes out as the 49th largest and the 49th most expensive in our analysis of the public data.
It is also £148k less expensive than the average property across the NE1 district.
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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
More reading links
Public Transport Nearby
From 17, The Chare, Newcastle Upon Tyne, the nearest station is Newcastle, 900 metres away.
- 900mNewcastle
- 900mManors
- 3.3kmDunston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
