28 The Open, Newcastle Upon Tyne, NE1 4DB is a leasehold flat built between 1983-1990. The property offers approximately 517 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £161,307 , which equates to approximately £312 per square foot. It was last sold on 23 Oct 2019 for £139,000. Since then, the value has increased by £22,307, representing a 16.0% increase, or approximately 2.6% per year.

The current estimated value of £161,307 is:

  • 7.9% lower than the average property price on The Open
  • 6.7% lower than the average in the NE1 4DB postcode area
  • and 39.1% lower than the average price for Newcastle Upon Tyne as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 19 July 2024, 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
517 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£161,307
Price Per sq ft (estimate)
£312
Bedroom Count (estimate)
1 bedroom

EPC Summary

28 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 19 Jul 2024.

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 5 Jul 2020, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The roof energy efficiency changing from good to average, with the construction or insulation remaining pitched, insulated (assumed).
  • 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 changed from low energy lighting in 75% of fixed outlets to low energy lighting in 83% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to NE1 4DB

13 th / 28
Price Rank
7% lower than average
16 th / 28
Size Rank
3% smaller than average
14 th / 28
Price Per Sq FT Rank
3% lower than average

Compared to other properties in NE1 4DB , this flat's estimated value ranks 13th out of 28. Based on price per square foot, it ranks 14th out of 28 properties. In terms of size, this home ranks 16th out of 28 properties in its postcode area.

Sale History

Today
£161,307
streetscan.co.uk estimate
+16 %
23 Oct 2019
£139,000
Leasehold
+11.2 %
23 Jul 2010
£125,000
Leasehold
+108.3 %
4 Feb 2000
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £135,000
sale date: 18 Aug 2022
rooms: 3
size: 592 sq ft
sale price: £138,000
sale date: 6 May 2022
rooms: 3
size: 474 sq ft
sale price: £118,000
sale date: 26 May 2021
rooms: 3
size: 484 sq ft
sale price: £100,000
sale date: 30 Mar 2020
rooms: 3
size: 549 sq ft
sale price: £128,000
sale date: 9 Sep 2013

Data Sources

The property at 28 The Open, Newcastle Upon Tyne, NE1 4DB appears three times in the Land Registry records, with the latest transaction recorded on 23 Oct 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jul 2024. 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.


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