16 The Open

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

    This flat/maisonette leasehold property on The Open last sold in January 2006 for £148,500. Based on price growth in the NE1 district since then, its estimated current value is £141,557 — placing it in the 11th percentile nationally and the 41st percentile within NE1. The property covers 69 m² (743 sq ft), giving an estimated value of £2,052 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £148,500

    Jan 2006

    Estimated Valuation

    £141,557

    Est. £/sq ft

    £191/sq ft

    £2,052/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Jan 2006

    £148,500

    23 Mar 2001

    £72,000

    2 Aug 1996

    £51,000

    Key Metrics

    Estimated valuation£141,557
    Value per sq ft / m²£191/sq ft (£2,052/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

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