Apartment 22, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 1967-1975. The property offers approximately 883 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £168,829 , which equates to approximately £191 per square foot. It was last sold on 4 Apr 2019 for £135,000. Since then, the value has increased by £33,829, representing a 25.1% increase, or approximately 3.7% per year.

The current estimated value of £168,829 is:

  • 49.5% lower than the average property price on Forth Banks
  • 15.7% lower than the average in the NE1 3PN postcode area
  • and 36.3% 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
1967-1975
Interior Size
883 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£168,829
Price Per sq ft (estimate)
£191
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 22, 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 13 Oct 2018.

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.

The previous EPC assessment was conducted on 6 Nov 2008. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The windows were upgraded from fully triple glazed to fully double glazed.
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3PN

11 th / 37
Price Rank
16% lower than average
13 th / 36
Size Rank
13% bigger than average
19 th / 36
Price Per Sq FT Rank
26% lower than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 11th out of 37. Based on price per square foot, it ranks 19th out of 36 properties. In terms of size, this home ranks 13th out of 36 properties in its postcode area.

Sale History

Today
£168,829
streetscan.co.uk estimate
+25 %
4 Apr 2019
£135,000
Leasehold
-52 %
4 Jul 2008
£281,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 33, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN
rooms: 3
size: 797 sq ft
sale price: £125,000
sale date: 5 Jul 2019
Apartment 2, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN
rooms: 3
size: 883 sq ft
sale price: £96,800
sale date: 23 May 2019
Apartment 28, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN
rooms: 3
size: 972 sq ft
sale price: £167,000
sale date: 11 Sep 2018
Apartment 34, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN
rooms: 3
size: 990 sq ft
sale price: £190,000
sale date: 17 Feb 2017
Apartment 20, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN
rooms: 3
size: 936 sq ft
sale price: £175,000
sale date: 6 Jul 2012

Data Sources

The property at Apartment 22, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN appears two times in the Land Registry records, with the latest transaction recorded on 4 Apr 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Oct 2018. 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.
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