11 The Open, Newcastle Upon Tyne, NE1 4DB is a leasehold flat built between 1983-1990. The property offers approximately 398 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £123,730 , which equates to approximately £311 per square foot. It was last sold on 7 Jul 2023 for £115,000. Since then, the value has increased by £8,730, representing a 7.6% increase, or approximately 3.1% per year.

The current estimated value of £123,730 is:

  • 29.3% lower than the average property price on The Open
  • 28.4% lower than the average in the NE1 4DB postcode area
  • and 53.3% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 3 February 2023, the property was recorded as rented.

View sold house prices in NE1 4DB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£123,730
Price Per sq ft (estimate)
£311
Bedroom Count (estimate)
1 bedroom

EPC Summary

11 The Open, Newcastle Upon Tyne, Tyne And Wear, NE1 4DB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Feb 2023.

This property uses electric room 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 23 Aug 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 150 mm loft insulation
Good
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 4DB

26 th / 28
Price Rank
28% lower than average
25 th / 28
Size Rank
26% smaller than average
10 th / 28
Price Per Sq FT Rank
4% lower than average

Compared to other properties in NE1 4DB , this flat's estimated value ranks 26th out of 28. Based on price per square foot, it ranks 10th out of 28 properties. In terms of size, this home ranks 25th out of 28 properties in its postcode area.

Sale History

Today
£123,730
streetscan.co.uk estimate
+8 %
7 Jul 2023
£115,000
Leasehold
+2.7 %
19 Oct 2012
£112,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 388 sq ft
sale price: £116,500
sale date: 2 Aug 2022
rooms: 3
size: 391 sq ft
sale price: £75,000
sale date: 19 Nov 2014
rooms: 2
size: 388 sq ft
sale price: £98,000
sale date: 4 Jul 2003

Data Sources

The property at 11 The Open, Newcastle Upon Tyne, NE1 4DB appears two times in the Land Registry records, with the latest transaction recorded on 7 Jul 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Feb 2023. 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.