2 The Open, Newcastle Upon Tyne, NE1 4DB is a leasehold flat built between 1983-1990. The property offers approximately 388 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £159,776 , which equates to approximately £412 per square foot. It was last sold on 4 Jul 2003 for £98,000. Since then, the value has increased by £61,776, representing a 63.0% increase, or approximately 2.8% per year.

The current estimated value of £159,776 is:

  • 8.8% lower than the average property price on The Open
  • 7.5% lower than the average in the NE1 4DB postcode area
  • and 39.7% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 4DB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
388 sq ft
Tenure
Leasehold
Price (estimate)
£159,776
Price Per sq ft (estimate)
£412
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 The Open, Newcastle Upon Tyne, Tyne And Wear, NE1 4DB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 15 Oct 2008.

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

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 66% of fixed outlets
Good

Compared to NE1 4DB

24 th / 28
Price Rank
8% lower than average
27 th / 28
Size Rank
28% smaller than average
5 th / 28
Price Per Sq FT Rank
28% higher than average

Compared to other properties in NE1 4DB , this flat's estimated value ranks 24th out of 28. Based on price per square foot, it ranks 5th out of 28 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 27th out of 28 properties in its postcode area.

Sale History

Today
£159,776
streetscan.co.uk estimate
+63 %
4 Jul 2003
£98,000
Leasehold
+92.2 %
30 Jun 2000
£51,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 398 sq ft
sale price: £115,000
sale date: 7 Jul 2023
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

Data Sources

The property at 2 The Open, Newcastle Upon Tyne, NE1 4DB appears two times in the Land Registry records, with the latest transaction recorded on 4 Jul 2003. It also has a single Energy Performance Certificate (EPC) from 15 Oct 2008. 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.