4 The Open

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

    This flat/maisonette leasehold property on The Open last sold in July 2006 for £124,990. Based on price growth in the NE1 district since then, its estimated current value is £119,146 — placing it in the 7th percentile nationally and the 24th percentile within NE1. The property covers 45 m² (484 sq ft), giving an estimated value of £2,648 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £124,990

    Jul 2006

    Estimated Valuation

    £119,146

    Est. £/sq ft

    £246/sq ft

    £2,648/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateApr 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    7 Jul 2006

    £124,990

    15 Jan 1999

    £52,000

    3 Oct 1997

    £49,000

    Key Metrics

    Estimated valuation£119,146
    Value per sq ft / m²£246/sq ft (£2,648/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile24th percentile
    National percentile7th 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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