Flat 1, 38 Low Friar Street, Newcastle Upon Tyne, NE1 5UF is a leasehold flat built between 2003-2006. The property offers approximately 506 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £138,707 , which equates to approximately £274 per square foot. It was last sold on 19 May 2005 for £110,000. Since then, the value has increased by £28,707, representing a 26.1% increase, or approximately 1.3% per year.

The current estimated value of £138,707 is:

  • 26.0% lower than the average property price on Low Friar Street
  • 17.6% lower than the average in the NE1 5UF postcode area
  • and 47.7% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 10 July 2024, the property was recorded as rented.

View sold house prices in NE1 5UF

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£138,707
Price Per sq ft (estimate)
£274
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 38 Low Friar Street, Newcastle Upon Tyne, Tyne And Wear, NE1 5UF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Jul 2024.

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 8 Jul 2014. The rating of C remains the same, but the energy efficiency score improved by 4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • 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 average.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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 5UF

32 nd / 34
Price Rank
18% lower than average
28 th / 32
Size Rank
25% smaller than average
12 th / 32
Price Per Sq FT Rank
10% higher than average

Compared to other properties in NE1 5UF , this flat's estimated value ranks 32th out of 34. Based on price per square foot, it ranks 12th out of 32 properties. In terms of size, this home ranks 28th out of 32 properties in its postcode area.

Sale History

Today
£138,707
streetscan.co.uk estimate
+26 %
19 May 2005
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £125,000
sale date: 6 Sep 2024
rooms: 3
size: 570 sq ft
sale price: £133,100
sale date: 26 Apr 2024
rooms: 2
size: 484 sq ft
sale price: £116,000
sale date: 5 Jan 2024
rooms: 2
size: 575 sq ft
sale price: £125,000
sale date: 19 May 2005
rooms: 2
size: 527 sq ft
sale price: £112,000
sale date: 19 May 2005

Data Sources

The property at Flat 1, 38 Low Friar Street, Newcastle Upon Tyne, Tyne And Wear, NE1 5UF appears once in the Land Registry records, with the transaction recorded on 19 May 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jul 2024. 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.