16 The Open, Newcastle Upon Tyne, NE1 4DB is a leasehold flat built between 1983-1990. The property offers approximately 743 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £178,166 , which equates to approximately £240 per square foot. It was last sold on 16 Jan 2006 for £148,500. Since then, the value has increased by £29,666, representing a 20.0% increase, or approximately 1.0% per year.

The current estimated value of £178,166 is:

  • 1.8% higher than the average property price on The Open
  • 3.1% higher than the average in the NE1 4DB postcode area
  • and 32.8% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 3 June 2021, 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
743 sq ft
Tenure
Leasehold
Price (estimate)
£178,166
Price Per sq ft (estimate)
£240
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 The Open, Newcastle Upon Tyne, Tyne And Wear, NE1 4DB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Jun 2021.

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 17 Jun 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 4.3%.

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 lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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

9 th / 28
Price Rank
3% higher than average
1 st / 28
Size Rank
39% bigger than average
23 rd / 28
Price Per Sq FT Rank
26% lower than average

Compared to other properties in NE1 4DB , this flat's estimated value ranks 9th out of 28. Based on price per square foot, it ranks 23th out of 28 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 28 properties in its postcode area.

Sale History

Today
£178,166
streetscan.co.uk estimate
+20 %
16 Jan 2006
£148,500
Leasehold
+106.3 %
23 Mar 2001
£72,000
Leasehold
+41.2 %
2 Aug 1996
£51,000
Leasehold

Area Insights

Similar Properties Sold Nearby

29 The Open, Newcastle Upon Tyne, NE1 4DB
rooms: 3
size: 721 sq ft
sale price: £160,000
sale date: 15 Aug 2024
12 The Open, Newcastle Upon Tyne, NE1 4DB
rooms: 3
size: 667 sq ft
sale price: £132,500
sale date: 10 Jul 2020
25 The Open, Newcastle Upon Tyne, NE1 4DB
rooms: 3
size: 635 sq ft
sale price: £152,500
sale date: 28 Feb 2006
26 The Open, Newcastle Upon Tyne, NE1 4DB
rooms: 3
size: 667 sq ft
sale price: £146,500
sale date: 29 Dec 2003
21 The Open, Newcastle Upon Tyne, NE1 4DB
rooms: 3
size: 732 sq ft
sale price: £120,000
sale date: 5 Jul 2002

Data Sources

The property at 16 The Open, Newcastle Upon Tyne, NE1 4DB appears three times in the Land Registry records, with the latest transaction recorded on 16 Jan 2006. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2021. 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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