40, The Chare
40, The Chare
Description & Estimates
The public record describes 40, The Chare, Newcastle Upon Tyne as a modern apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
40, The Chare, Newcastle Upon Tyne has an estimated sale value of £142,625 and an estimated rental value of £1,099 per month, assuming reasonable condition and based on the information available.
The Chare, Newcastle Upon Tyne, NE1 lies in the borough of Newcastle upon Tyne, within the NE1 postal district.
Our Data Sources
40, The Chare, Newcastle Upon Tyne has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 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
In very good condition, we estimate 40, The Chare, Newcastle Upon Tyne would be worth £149,756, with a potential rental value of £1,154 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £132,641, with a rental value of £1,022 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, The Chare, Newcastle Upon Tyne has climbed by £52 (0.0%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (2.0%). The property's estimated gross yield is currently 9.2%.
Energy Efficiency
40, The Chare, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
40, The Chare, Newcastle Upon Tyne last changed hands on 22nd December 2000, selling for £69,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold Dec 2000£69,500
- Sold Nov 1996£52,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 40, The Chare, Newcastle Upon Tyne across the last 2 years.
Most recently, 24, The Open, Newcastle Upon Tyne, NE1 4DB, a leasehold flat, sold at £155,000 on the 11th September 2025.
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
Our analysis of the public data ranks 40, The Chare, Newcastle Upon Tyne as the 22nd largest and the 21st most expensive of the 55 addresses on The Chare, Newcastle Upon Tyne, NE1.
Against the NE1 postcode district average, it is £121k less expensive than the typical property.
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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
Newcastle station is the nearest stop to 40, The Chare, Newcastle Upon Tyne at 900 metres away.
- 900mNewcastle
- 900mManors
- 3.3kmDunston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
