Apartment 5, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2003-2006. The property offers approximately 710 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £145,616 , which equates to approximately £205 per square foot. It was last sold on 10 Aug 2011 for £110,000. Since then, the value has increased by £35,616, representing a 32.4% increase, or approximately 2.3% per year.

The current estimated value of £145,616 is:

  • 56.4% lower than the average property price on Forth Banks
  • 27.3% lower than the average in the NE1 3PN postcode area
  • and 45.1% 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
2003-2006
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£145,616
Price Per sq ft (estimate)
£205
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 5, 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 19 Dec 2018.

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 17 Oct 2008. The rating of C is unchanged, though the energy efficiency score decreased by 7.6%.

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 average to very poor.
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

21 st / 37
Price Rank
27% lower than average
20 th / 36
Size Rank
9% smaller than average
13 th / 36
Price Per Sq FT Rank
20% lower than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 21th out of 37. Based on price per square foot, it ranks 13th out of 36 properties. In terms of size, this home ranks 20th out of 36 properties in its postcode area.

Sale History

Today
£145,616
streetscan.co.uk estimate
+32 %
10 Aug 2011
£110,000
Leasehold
-47.6 %
20 Feb 2009
£210,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £150,000
sale date: 14 Jun 2021
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

Data Sources

The property at Apartment 5, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN appears two times in the Land Registry records, with the latest transaction recorded on 10 Aug 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Dec 2018. 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.