1 Milk Market, Newcastle Upon Tyne, NE1 3DN is a leasehold flat built between 1900-1929. The property offers approximately 506 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £142,308 , which equates to approximately £281 per square foot. It was last sold on 9 May 2022 for £132,000. Since then, the value has increased by £10,308, representing a 7.8% increase, or approximately 2.2% per year.

The current estimated value of £142,308 is:

  • 50.7% lower than the average property price on Milkmarket
  • 41.4% lower than the average in the NE1 3DN postcode area
  • and 46.3% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 28 September 2020, the property was recorded as owner-occupied.

View sold house prices in NE1 3DN

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£142,308
Price Per sq ft (estimate)
£281
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Milk Market, Newcastle Upon Tyne, Tyne And Wear, NE1 3DN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Sep 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows have full secondary glazing.

The previous EPC assessment was conducted on 16 Feb 2009. The rating of C is unchanged, though the energy efficiency score decreased by 9.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The windows were upgraded from fully double glazed to full secondary glazing.
  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3DN

31 st / 33
Price Rank
41% lower than average
13 th / 13
Size Rank
50% smaller than average
2 nd / 13
Price Per Sq FT Rank
17% higher than average

Compared to other properties in NE1 3DN , this flat's estimated value ranks 31th out of 33. Based on price per square foot, it ranks 2nd out of 13 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 13th out of 13 properties in its postcode area.

Sale History

Today
£142,308
streetscan.co.uk estimate
+8 %
9 May 2022
£132,000
Leasehold
-0.2 %
7 Nov 2014
£132,250
Leasehold

Area Insights

Nearby Properties

2 Milk Market, Newcastle Upon Tyne, NE1 3DN
rooms: 3
size: 786 sq ft
sale price: £148,000
sale date: 5 Jul 2019
4 Milk Market, Newcastle Upon Tyne, NE1 3DN
rooms: 4
size: 861 sq ft
sale price: £167,000
sale date: 9 Mar 2018
6 Milk Market, Newcastle Upon Tyne, NE1 3DN
rooms: 3
size: 753 sq ft
sale price: £152,000
sale date: 16 Jun 2023
7 Milk Market, Newcastle Upon Tyne, NE1 3DN
rooms: 3
size: 969 sq ft
sale price: £149,800
sale date: 27 Feb 2014
10 Milk Market, Newcastle Upon Tyne, NE1 3DN
rooms: 3
size: 787 sq ft
sale price: £161,500
sale date: 31 Jul 2017

Data Sources

The property at 1 Milk Market, Newcastle Upon Tyne, NE1 3DN appears two times in the Land Registry records, with the latest transaction recorded on 9 May 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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