Apartment 7, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2003-2006. The property offers approximately 452 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £93,379 , which equates to approximately £207 per square foot. It was last sold on 14 Jun 2022 for £86,000. Since then, the value has increased by £7,379, representing a 8.6% increase, or approximately 2.4% per year.

The current estimated value of £93,379 is:

  • 72.1% lower than the average property price on Forth Banks
  • 53.4% lower than the average in the NE1 3PN postcode area
  • and 64.8% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 14 March 2022, 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
452 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£93,379
Price Per sq ft (estimate)
£207
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 7, 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 14 Mar 2022.

This property uses electric room 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 6 May 2016, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.4%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
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

35 th / 37
Price Rank
53% lower than average
36 th / 36
Size Rank
42% smaller than average
26 th / 36
Price Per Sq FT Rank
20% lower than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 35th out of 37. Based on price per square foot, it ranks 26th 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 36th out of 36 properties in its postcode area.

Sale History

Today
£93,379
streetscan.co.uk estimate
+9 %
14 Jun 2022
£86,000
Leasehold
-36.3 %
19 Aug 2008
£135,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £135,270
sale date: 16 May 2008
rooms: 2
size: 506 sq ft
sale price: £161,000
sale date: 13 May 2008

Data Sources

The property at Apartment 7, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN appears two times in the Land Registry records, with the latest transaction recorded on 14 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 2022. 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.