Apartment 20 Forth Banks Tower Forth Banks

    APARTMENT 20 FORTH BANKS TOWER, FORTH BANKS, NEWCASTLE UPON TYNE, NE1 3PN

    This flat/maisonette leasehold property on Forth Banks last sold in July 2012 for £175,000. Based on price growth in the NE1 district since then, its estimated current value is £213,766 — placing it in the 28th percentile nationally and the 81st percentile within NE1. The property covers 87 m² (936 sq ft), giving an estimated value of £2,457 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £175,000

    Jul 2012

    Estimated Valuation

    £213,766

    Est. £/sq ft

    £228/sq ft

    £2,457/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateJun 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    6 Jul 2012

    £175,000

    25 Apr 2008

    New build

    £294,300

    Key Metrics

    Estimated valuation£213,766
    Value per sq ft / m²£228/sq ft (£2,457/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile81st percentile
    National percentile28th percentile

    District Context — NE1

    NE1 covers Newcastle city centre and its immediate surroundings in Tyne and Wear, positioned as the region's economic and cultural hub. It is a mixed-tenure urban neighbourhood with strong rental demand and a youthful demographic profile.

    Average Property Price - NE1

    £172,297

    6

    National percentile

    Average Net Household Income - NE1

    £588

    0

    National percentile

    10-Year Annualised Price Growth - NE1

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE1

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