Apartment 16, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2007-2011. The property offers approximately 517 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £154,283 , which equates to approximately £299 per square foot. It was last sold on 16 May 2008 for £135,270. Since then, the value has increased by £19,013, representing a 14.1% increase, or approximately 0.8% per year.

The current estimated value of £154,283 is:

  • 53.8% lower than the average property price on Forth Banks
  • 23.0% lower than the average in the NE1 3PN postcode area
  • and 41.8% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 28 December 2020, the property was recorded as rented.

View sold house prices in NE1 3PN

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£154,283
Price Per sq ft (estimate)
£299
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 16, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, Tyne And Wear, NE1 3PN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 28 Dec 2020.

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
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to NE1 3PN

36 th / 37
Price Rank
23% lower than average
34 th / 36
Size Rank
34% smaller than average
30 th / 36
Price Per Sq FT Rank
16% higher than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 36th out of 37. Based on price per square foot, it ranks 30th out of 36 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 34th out of 36 properties in its postcode area.

Sale History

Today
£154,283
streetscan.co.uk estimate
+14 %
16 May 2008
£135,270
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £86,000
sale date: 14 Jun 2022
rooms: 3
size: 527 sq ft
sale price: £125,000
sale date: 17 Jul 2019
rooms: 2
size: 581 sq ft
sale price: £102,500
sale date: 12 Feb 2015
rooms: 2
size: 551 sq ft
sale price: £112,500
sale date: 10 Aug 2011
rooms: 2
size: 592 sq ft
sale price: £135,000
sale date: 19 Aug 2008

Data Sources

The property at Apartment 16, 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 16 May 2008. It also has a single Energy Performance Certificate (EPC) from 28 Dec 2020. 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.