The Chare, Newcastle upon Tyne, Tyne and Wear, NE1
EV

The Chare, Newcastle upon Tyne, Tyne and Wear, NE1

By Everbest Properties

£ 140,000

Reviews

2 out of 5 stars

Everbest Properties says ..

Check out this pleasant 2-bedroom third floor apartment located in a prime central location! Featuring a spacious open-plan living area and an allocated par...

Property Oracle says ..

The property is a 2 bedroom flat located in the Monument area of Newcastle upon Tyne, close to the train station and several universities. It appears to be in reasonable condition, though some modernisation may be desirable. The bathroom and kitchen show signs of age, and the overall presentation could benefit from some improvements. There is evidence of wear and tear throughout. The property includes a small communal garden area. Considering the list price of £140,000, the average price in the area (£219,624), and the average price per square foot (£227), this property seems significantly underpriced, however, the lack of information regarding the size of comparable properties makes a definitive statement difficult. The property is smaller than average for the area (448 sqft compared to 965 sqft average), and its condition may also contribute to the lower price. Further investigation into comparable properties of similar size and condition in the area would be necessary to fully assess the value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
6
Location
0
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
448.00
Lot (est)
438.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
225,500.00 £
Decreased by 13.54 %
from 260,800.00 £
Est sale value
101,696.00 £
Decreased by 5.81 %
from 107,968.00 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
448.00 £/mo
Unchanged by 0.00 %
from 448.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Everbest Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
University Of Newcastle Upon TyneHigher Education Institutions0.64 KM
North East Futures UtcUniversity Technical College1.03 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter1.12 KM
Callerton AcademyFree Schools1.12 KM
University Of Northumbria At NewcastleHigher Education Institutions1.25 KM

Images

5 9 4 7 8 1 3 6 2 ext ext 2

Nearby Streets

NameAverage PriceAverage SqftDistance
The Mews £ 000.00 KM
B1311 £ 000.00 KM
Prudhoe Chare £ 000.00 KM
Prudhoe Place £ 000.00 KM
Dispensary Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.80 KM
Manors7603MAS1.58 KM
Dunston7744DOT3.82 KM
Metrocentre7725MCE5.50 KM
Heworth7766HEW7.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Chare, Newcastle upon Tyne, Tyne and Wear, NE1 £ 140,000BUY5 / 100.00 KM
The Open, Newcastle Upon Tyne, Newcastle upon Tyne, Tyne and Wear, NE1 4DB £ 140,000BUY6 / 100.10 KM
The Open, Leazes Lane, NE1 £ 120,000BUYUnknown0.10 KM
The Open, Leazes Lane, NE1 £ 130,000BUY6 / 100.10 KM
The Chare, Newcastle Upon Tyne, Tyne and Wear, NE1 4DD £ 170,000BUY5 / 100.13 KM

Nearby Properties

AddressPriceDistance
34 - 36 Leazes Park Road £ 250,0000.07 KM
28 The Chare £ 154,0000.12 KM
46 The Chare £ 120,0000.12 KM
8 The Chare £ 116,1400.12 KM
11 The Chare £ 118,0000.12 KM