Apartment 27 Forth Banks Tower Forth Banks

    APARTMENT 27 FORTH BANKS TOWER, FORTH BANKS, NEWCASTLE UPON TYNE, NE1 3PN

    This flat/maisonette leasehold property on Forth Banks last sold in August 2011 for £112,500. Based on price growth in the NE1 district since then, its estimated current value is £141,746 — placing it in the 11th percentile nationally and the 41st percentile within NE1. The property covers 82 m² (883 sq ft), giving an estimated value of £1,729 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £112,500

    Aug 2011

    Estimated Valuation

    £141,746

    Est. £/sq ft

    £161/sq ft

    £1,729/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area883 sq ft (82 m²)
    EPC dateOct 2018
    WallsSystem built, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    10 Aug 2011

    £112,500

    30 May 2008

    New build

    £193,289

    Key Metrics

    Estimated valuation£141,746
    Value per sq ft / m²£161/sq ft (£1,729/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile41st percentile
    National percentile11th 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

    More properties in NE1

    Streets in NE1

    Explore nearby