Apartment 1, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2003-2006. The property offers approximately 603 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 £238,377 , which equates to approximately £395 per square foot. It was last sold on 13 May 2008 for £209,000. Since then, the value has increased by £29,377, representing a 14.1% increase, or approximately 0.8% per year.

The current estimated value of £238,377 is:

  • 28.7% lower than the average property price on Forth Banks
  • 19.0% higher than the average in the NE1 3PN postcode area
  • and 10.1% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 8 April 2021, the property was recorded as rented.

View sold house prices in NE1 3PN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£238,377
Price Per sq ft (estimate)
£395
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 1, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, Tyne And Wear, NE1 3PN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Apr 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Aug 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to NE1 3PN

25 th / 37
Price Rank
19% higher than average
29 th / 36
Size Rank
23% smaller than average
12 th / 36
Price Per Sq FT Rank
54% higher than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 25th out of 37. Based on price per square foot, it ranks 12th out of 36 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 29th out of 36 properties in its postcode area.

Sale History

Today
£238,377
streetscan.co.uk estimate
+14 %
13 May 2008
£209,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 527 sq ft
sale price: £125,000
sale date: 17 Jul 2019
rooms: 3
size: 635 sq ft
sale price: £142,000
sale date: 20 Jan 2017
rooms: 2
size: 624 sq ft
sale price: £108,000
sale date: 27 Aug 2015
rooms: 3
size: 646 sq ft
sale price: £105,000
sale date: 20 May 2015
rooms: 2
size: 581 sq ft
sale price: £102,500
sale date: 12 Feb 2015

Data Sources

The property at Apartment 1, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, Tyne And Wear, NE1 3PN appears once in the Land Registry records, with the transaction recorded on 13 May 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Apr 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.