7 The Open, Newcastle Upon Tyne, NE1 4DB is a leasehold flat built between 1983-1990. The property offers approximately 391 square feet of living space and is situated on the 1st floor of a 4-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £100,031 , which equates to approximately £258 per square foot. It was last sold on 19 Nov 2014 for £75,000. Since then, the value has increased by £25,031, representing a 33.4% increase, or approximately 3.0% per year.

The current estimated value of £100,031 is:

  • 42.9% lower than the average property price on The Open
  • 42.1% lower than the average in the NE1 4DB postcode area
  • and 62.3% 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
391 sq ft
Tenure
Leasehold
Floor level
1st floor of 4
Price (estimate)
£100,031
Price Per sq ft (estimate)
£258
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 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 30 Jun 2010.

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.

Heating Type
Electric storage heaters
Poor
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 60% of fixed outlets
Good

Compared to NE1 4DB

28 th / 28
Price Rank
42% lower than average
26 th / 28
Size Rank
28% smaller than average
26 th / 28
Price Per Sq FT Rank
20% lower than average

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

Sale History

Today
£100,031
streetscan.co.uk estimate
+33 %
19 Nov 2014
£75,000
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: 2
size: 388 sq ft
sale price: £98,000
sale date: 4 Jul 2003

Data Sources

The property at 7 The Open, Newcastle Upon Tyne, Tyne And Wear, NE1 4DB appears once in the Land Registry records, with the transaction recorded on 19 Nov 2014. It also has a single Energy Performance Certificate (EPC) from 30 Jun 2010. 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.