Apartment 32, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built in 2007 onwards. The property offers approximately 936 square feet of living space and is situated on the 10th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £316,518 , which equates to approximately £338 per square foot. It was last sold on 7 Jul 2008 for £279,000. Since then, the value has increased by £37,518, representing a 13.4% increase, or approximately 0.8% per year.

The current estimated value of £316,518 is:

  • 5.3% lower than the average property price on Forth Banks
  • 58.0% higher than the average in the NE1 3PN postcode area
  • and 19.4% higher than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 25 September 2009, the property was recorded as owner-occupied.

View sold house prices in NE1 3PN

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
936 sq ft
Tenure
Leasehold
Floor level
10th floor
Price (estimate)
£316,518
Price Per sq ft (estimate)
£338
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 32, 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 21 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 double glazed.

The previous EPC assessment was conducted on 25 Sep 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 18.8%.

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 hot water energy efficiency changing from very good to average, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining system built, as built, insulated (assumed).
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from good to very good.
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 78% of fixed outlets
Very Good

Compared to NE1 3PN

14 th / 37
Price Rank
58% higher than average
8 th / 36
Size Rank
20% bigger than average
28 th / 36
Price Per Sq FT Rank
31% higher than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 14th out of 37. Based on price per square foot, it ranks 28th 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 8th out of 36 properties in its postcode area.

Sale History

Today
£316,518
streetscan.co.uk estimate
+13 %
7 Jul 2008
£279,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £125,000
sale date: 5 Jul 2019
rooms: 3
size: 883 sq ft
sale price: £96,800
sale date: 23 May 2019
rooms: 3
size: 883 sq ft
sale price: £135,000
sale date: 4 Apr 2019
rooms: 3
size: 972 sq ft
sale price: £167,000
sale date: 11 Sep 2018
rooms: 3
size: 990 sq ft
sale price: £190,000
sale date: 17 Feb 2017

Data Sources

The property at Apartment 32, 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 7 Jul 2008. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 21 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.