Apartment 35, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2003-2006. The property offers approximately 969 square feet of living space and is situated on the 11th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £317,652 , which equates to approximately £328 per square foot. It was last sold on 4 Jul 2008 for £280,000. Since then, the value has increased by £37,652, representing a 13.4% increase, or approximately 0.8% per year.

The current estimated value of £317,652 is:

  • 5.0% lower than the average property price on Forth Banks
  • 58.5% higher than the average in the NE1 3PN postcode area
  • and 19.8% higher than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 11 May 2010, 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
969 sq ft
Tenure
Leasehold
Floor level
11th floor
Price (estimate)
£317,652
Price Per sq ft (estimate)
£328
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 35, 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 15 May 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 May 2010. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3PN

13 th / 37
Price Rank
59% higher than average
5 th / 36
Size Rank
25% bigger than average
29 th / 36
Price Per Sq FT Rank
27% higher than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 13th out of 37. Based on price per square foot, it ranks 29th 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 5th out of 36 properties in its postcode area.

Sale History

Today
£317,652
streetscan.co.uk estimate
+13 %
4 Jul 2008
£280,000
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: 990 sq ft
sale price: £190,000
sale date: 17 Feb 2017
rooms: 3
size: 936 sq ft
sale price: £175,000
sale date: 6 Jul 2012

Data Sources

The property at Apartment 35, 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 4 Jul 2008. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 15 May 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.