40 The Chare, Newcastle Upon Tyne, NE1 4DD is a leasehold flat built between 1991-1995. The property offers approximately 581 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £205,218 , which equates to approximately £353 per square foot. It was last sold on 22 Dec 2000 for £69,500. Since then, the value has increased by £135,718, representing a 195.3% increase, or approximately 7.8% per year.

The current estimated value of £205,218 is:

  • 14.3% higher than the average property price on The Chare
  • 19.6% higher than the average in the NE1 4DD postcode area
  • and 22.6% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 4DD

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£205,218
Price Per sq ft (estimate)
£353
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 The Chare, Newcastle Upon Tyne, Tyne And Wear, NE1 4DD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Feb 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Nov 2008, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 5.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 50 mm loft insulation, changing energy efficiency from average to poor.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 4DD

20 th / 48
Price Rank
20% higher than average
15 th / 43
Size Rank
8% bigger than average
25 th / 43
Price Per Sq FT Rank
11% higher than average

Compared to other properties in NE1 4DD , this flat's estimated value ranks 20th out of 48. Based on price per square foot, it ranks 25th out of 43 properties. In terms of size, this home ranks 15th out of 43 properties in its postcode area.

Sale History

Today
£205,218
streetscan.co.uk estimate
+195 %
22 Dec 2000
£69,500
Leasehold
+31.3 %
15 Nov 1996
£52,950
Leasehold

Area Insights

Similar Properties Sold Nearby

39 The Chare, Newcastle Upon Tyne, NE1 4DD
rooms: 3
size: 495 sq ft
sale price: £128,000
sale date: 30 Apr 2024
8 The Chare, Newcastle Upon Tyne, NE1 4DD
rooms: 3
size: 499 sq ft
sale price: £116,140
sale date: 26 Feb 2024
32 The Chare, Newcastle Upon Tyne, NE1 4DD
rooms: 3
size: 549 sq ft
sale price: £140,000
sale date: 18 Sep 2023
11 The Chare, Newcastle Upon Tyne, NE1 4DD
rooms: 3
size: 495 sq ft
sale price: £118,000
sale date: 1 Feb 2023
24 The Chare, Newcastle Upon Tyne, NE1 4DD
rooms: 3
size: 495 sq ft
sale price: £145,000
sale date: 9 Aug 2021

Data Sources

The property at 40 The Chare, Newcastle Upon Tyne, NE1 4DD appears two times in the Land Registry records, with the latest transaction recorded on 22 Dec 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Feb 2019. 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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