5 The Open

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

    This flat/maisonette leasehold property on The Open last sold in March 2020 for £100,000. Based on price growth in the NE1 district since then, its estimated current value is £134,880 — placing it in the 9th percentile nationally and the 36th percentile within NE1. The property covers 45 m² (484 sq ft), giving an estimated value of £2,997 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £100,000

    Mar 2020

    Estimated Valuation

    £134,880

    Est. £/sq ft

    £278/sq ft

    £2,997/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area484 sq ft (45 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 Mar 2020

    £100,000

    Key Metrics

    Estimated valuation£134,880
    Value per sq ft / m²£278/sq ft (£2,997/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile36th percentile
    National percentile9th 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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