Apartment 34, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built in 2007 onwards. The property offers approximately 990 square feet of living space and is situated on the 12th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £230,034 , which equates to approximately £232 per square foot. It was last sold on 17 Feb 2017 for £190,000. Since then, the value has increased by £40,034, representing a 21.1% increase, or approximately 2.4% per year.

The current estimated value of £230,034 is:

  • 31.2% lower than the average property price on Forth Banks
  • 14.8% higher than the average in the NE1 3PN postcode area
  • and 13.2% 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
990 sq ft
Tenure
Leasehold
Floor level
12th floor
Price (estimate)
£230,034
Price Per sq ft (estimate)
£232
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 34, 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 8 Apr 2016.

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.

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 67% of fixed outlets
Good

Compared to NE1 3PN

8 th / 37
Price Rank
15% higher than average
3 rd / 36
Size Rank
27% bigger than average
25 th / 36
Price Per Sq FT Rank
10% lower than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 8th out of 37. Based on price per square foot, it ranks 25th 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 3rd out of 36 properties in its postcode area.

Sale History

Today
£230,034
streetscan.co.uk estimate
+21 %
17 Feb 2017
£190,000
Leasehold
-36.7 %
2 May 2008
£300,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 936 sq ft
sale price: £175,000
sale date: 6 Jul 2012
rooms: 3
size: 972 sq ft
sale price: £145,000
sale date: 15 Dec 2010

Data Sources

The property at Apartment 34, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN appears two times in the Land Registry records, with the latest transaction recorded on 17 Feb 2017. It also has a single Energy Performance Certificate (EPC) from 8 Apr 2016. 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.