55, The Chare
55, The Chare
Description & Estimates
The public record describes 55, The Chare, Newcastle Upon Tyne as a modern apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
55, The Chare, Newcastle Upon Tyne has an estimated sale value of £132,282 and an estimated rental value of £1,051 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
55, The Chare, Newcastle Upon Tyne has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 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 55, The Chare, Newcastle Upon Tyne would be worth £138,896, with a potential rental value of £1,103 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £123,022, with a rental value of £977 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 55, The Chare, Newcastle Upon Tyne has increased by £48 (0.0%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (2.0%). The property's estimated gross yield is currently 9.5%.
Energy Efficiency
55, The Chare, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
55, The Chare, Newcastle Upon Tyne last changed hands on 8th May 2002, selling for £81,551. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold May 2002£81,551
- Sold May 1998£55,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 55, The Chare, Newcastle Upon Tyne across the last 2 years.
Most recently, 39, The Chare, Newcastle Upon Tyne, NE1 4DD, a leasehold flat, sold at £128,000 on the 30th April 2024.
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 55, The Chare, Newcastle Upon Tyne as the 34th largest and the 34th most expensive of the 55 addresses on The Chare, Newcastle Upon Tyne, NE1.
Against the NE1 postcode district average, it is £131k 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 55, 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.
