12 The Open

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

    This flat/maisonette leasehold property on The Open last sold in July 2020 for £132,500. Based on price growth in the NE1 district since then, its estimated current value is £178,716 — placing it in the 19th percentile nationally and the 65th percentile within NE1. The property covers 62 m² (667 sq ft), giving an estimated value of £2,883 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £132,500

    Jul 2020

    Estimated Valuation

    £178,716

    Est. £/sq ft

    £268/sq ft

    £2,883/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    10 Jul 2020

    £132,500

    Key Metrics

    Estimated valuation£178,716
    Value per sq ft / m²£268/sq ft (£2,883/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile65th percentile
    National percentile19th 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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