Apartment 38, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2003-2006. The property offers approximately 1,259 square feet of living space and is situated on the 12th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £537,955 , which equates to approximately £427 per square foot. It was last sold on 3 Jul 2023 for £500,000. Since then, the value has increased by £37,955, representing a 7.6% increase, or approximately 3.1% per year.

The current estimated value of £537,955 is:

  • 60.9% higher than the average property price on Forth Banks
  • 168.5% higher than the average in the NE1 3PN postcode area
  • and 102.9% higher than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 17 March 2023, 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
1259 sq ft
Tenure
Leasehold
Floor level
12th floor
Price (estimate)
£537,955
Price Per sq ft (estimate)
£427
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 38, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, Tyne And Wear, NE1 3PN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Mar 2023.

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 2008. The rating of D is unchanged, though the energy efficiency score decreased by 4.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, insulated (assumed)
Good
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

1 st / 37
Price Rank
168% higher than average
2 nd / 36
Size Rank
62% bigger than average
6 th / 36
Price Per Sq FT Rank
66% higher than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 1st out of 37. Based on price per square foot, it ranks 6th 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 2nd out of 36 properties in its postcode area.

Sale History

Today
£537,955
streetscan.co.uk estimate
+8 %
3 Jul 2023
£500,000
Leasehold
+47.1 %
26 Sep 2009
£340,000
Leasehold
+36 %
18 Sep 2008
£250,000
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 452 sq ft
sale price: £86,000
sale date: 14 Jun 2022
rooms: 2
size: 592 sq ft
sale price: £135,000
sale date: 19 Aug 2008
rooms: 3
size: 972 sq ft
sale price: £145,000
sale date: 15 Dec 2010
rooms: 3
size: 904 sq ft
sale price: £150,000
sale date: 30 Jul 2010
rooms: 3
size: 764 sq ft
sale price: £130,000
sale date: 23 Jul 2010

Data Sources

The property at Apartment 38, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN appears three times in the Land Registry records, with the latest transaction recorded on 3 Jul 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Mar 2023. 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.