Apartment 17, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2003-2006. The property offers approximately 646 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £155,236 , which equates to approximately £240 per square foot. It was last sold on 16 May 2008 for £136,105. Since then, the value has increased by £19,131, representing a 14.1% increase, or approximately 0.8% per year.

The current estimated value of £155,236 is:

  • 53.6% lower than the average property price on Forth Banks
  • 22.5% lower than the average in the NE1 3PN postcode area
  • and 41.4% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 3PN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£155,236
Price Per sq ft (estimate)
£240
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 17, 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 15 May 2020.

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 8 Jun 2010. The rating of C remains the same, but the energy efficiency score improved by 8.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very 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 all fixed outlets
Very Good

Compared to NE1 3PN

33 rd / 37
Price Rank
23% lower than average
24 th / 36
Size Rank
17% smaller than average
36 th / 36
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 33th out of 37. Based on price per square foot, it ranks 36th 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 24th out of 36 properties in its postcode area.

Sale History

Today
£155,236
streetscan.co.uk estimate
+14 %
16 May 2008
£136,105
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £150,000
sale date: 14 Jun 2021
rooms: 3
size: 721 sq ft
sale price: £125,000
sale date: 25 Sep 2020
rooms: 3
size: 729 sq ft
sale price: £125,000
sale date: 18 Oct 2018
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

Data Sources

The property at Apartment 17, 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 two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 May 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.