1 The Open

    1, THE OPEN, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE1 4DB

    This terraced leasehold property on The Open last sold in September 1997 for £36,500. Based on price growth in the NE1 district since then, its estimated current value is £106,511 — placing it in the 5th percentile nationally and the 13th percentile within NE1. The property covers 38 m² (409 sq ft), giving an estimated value of £2,803 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £36,500

    Sept 1997

    Estimated Valuation

    £106,511

    Est. £/sq ft

    £260/sq ft

    £2,803/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area409 sq ft (38 m²)
    EPC dateMay 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Sept 1997

    £36,500

    Key Metrics

    Estimated valuation£106,511
    Value per sq ft / m²£260/sq ft (£2,803/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile13th percentile
    National percentile5th 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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