P1, 55 Degrees North Pilgrim Street, Newcastle Upon Tyne, NE1 6BJ is a leasehold flat built between 1967-1975. The property offers approximately 1,615 square feet of living space and is situated on the 10th floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £397,602 , which equates to approximately £246 per square foot. It was last sold on 25 May 2006 for £340,000. Since then, the value has increased by £57,602, representing a 16.9% increase, or approximately 0.9% per year.

The current estimated value of £397,602 is:

  • 43.7% higher than the average property price on Pilgrim Street
  • 30.4% higher than the average in the NE1 6BJ postcode area
  • and 50.0% higher than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 6 October 2021, the property was recorded as rented.

View sold house prices in NE1 6BJ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
1615 sq ft
Tenure
Leasehold
Floor level
10th floor
Price (estimate)
£397,602
Price Per sq ft (estimate)
£246
Bedroom Count (estimate)
5 bedrooms

EPC Summary

P1, 55 Degrees North Pilgrim Street, Newcastle Upon Tyne, Tyne And Wear, NE1 6BJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 6 Oct 2021.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Jan 2010, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 19.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from good 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
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 6BJ

20 th / 54
Price Rank
30% higher than average
2 nd / 40
Size Rank
59% bigger than average
39 th / 40
Price Per Sq FT Rank
18% lower than average

Compared to other properties in NE1 6BJ , this flat's estimated value ranks 20th out of 54. Based on price per square foot, it ranks 39th out of 40 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 2nd out of 40 properties in its postcode area.

Sale History

Today
£397,602
streetscan.co.uk estimate
+17 %
25 May 2006
£340,000
Leasehold
+4.6 %
6 Mar 2006
£325,000
Leasehold
+30 %
21 Aug 2003
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1550 sq ft
sale price: £335,000
sale date: 20 Aug 2009
rooms: 4
size: 1464 sq ft
sale price: £305,000
sale date: 2 Mar 2006
rooms: 4
size: 1399 sq ft
sale price: £305,000
sale date: 24 Nov 2003
rooms: 4
size: 1453 sq ft
sale price: £315,000
sale date: 26 Aug 2003
rooms: 3
size: 1615 sq ft
sale price: £160,000
sale date: 31 Mar 2017

Data Sources

The property at P1, 55 Degrees North Pilgrim Street, Newcastle Upon Tyne, NE1 6BJ appears three times in the Land Registry records, with the latest transaction recorded on 25 May 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Oct 2021. 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.