Apartment 18, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built in 2007 onwards. The property offers approximately 646 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £131,621 , which equates to approximately £204 per square foot. It was last sold on 20 May 2015 for £105,000. Since then, the value has increased by £26,621, representing a 25.4% increase, or approximately 2.4% per year.

The current estimated value of £131,621 is:

  • 60.6% lower than the average property price on Forth Banks
  • 34.3% lower than the average in the NE1 3PN postcode area
  • and 50.3% 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
2007 onwards
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£131,621
Price Per sq ft (estimate)
£204
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 18, 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 19 Feb 2019.

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 triple glazed.

The previous EPC assessment was conducted on 17 Oct 2008, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 5.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The windows were upgraded from fully double glazed to fully triple glazed.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3PN

18 th / 37
Price Rank
34% lower than average
26 th / 36
Size Rank
17% smaller than average
3 rd / 36
Price Per Sq FT Rank
21% lower than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 18th out of 37. Based on price per square foot, it ranks 3rd 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 26th out of 36 properties in its postcode area.

Sale History

Today
£131,621
streetscan.co.uk estimate
+25 %
20 May 2015
£105,000
Leasehold
-4.5 %
13 May 2011
£110,000
Leasehold
-48.4 %
20 Feb 2009
£213,000
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 18, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN appears three times in the Land Registry records, with the latest transaction recorded on 20 May 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Feb 2019. 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.