Apartment 29, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2003-2006. The property offers approximately 743 square feet of living space and is situated on the 9th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £165,405 , which equates to approximately £223 per square foot. It was last sold on 14 Jun 2021 for £150,000. Since then, the value has increased by £15,405, representing a 10.3% increase, or approximately 2.3% per year.

The current estimated value of £165,405 is:

  • 50.5% lower than the average property price on Forth Banks
  • 17.5% lower than the average in the NE1 3PN postcode area
  • and 37.6% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 June 2020, the property was recorded as owner-occupied.

View sold house prices in NE1 3PN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
9th floor
Price (estimate)
£165,405
Price Per sq ft (estimate)
£223
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 29, 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 16 Jun 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.

The previous EPC assessment was conducted on 17 Oct 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 1.3%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 88% of 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, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to NE1 3PN

12 th / 37
Price Rank
17% lower than average
17 th / 36
Size Rank
5% smaller than average
5 th / 36
Price Per Sq FT Rank
14% lower than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 12th out of 37. Based on price per square foot, it ranks 5th 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 17th out of 36 properties in its postcode area.

Sale History

Today
£165,405
streetscan.co.uk estimate
+10 %
14 Jun 2021
£150,000
Leasehold
-46 %
1 Aug 2008
£278,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 721 sq ft
sale price: £125,000
sale date: 25 Sep 2020
rooms: 3
size: 797 sq ft
sale price: £125,000
sale date: 5 Jul 2019
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: 3
size: 646 sq ft
sale price: £105,000
sale date: 20 May 2015

Data Sources

The property at Apartment 29, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN appears two times in the Land Registry records, with the latest transaction recorded on 14 Jun 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jun 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.