23 The Open

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

    This flat/maisonette leasehold property on The Open last sold in August 2022 for £135,000. Based on price growth in the NE1 district since then, its estimated current value is £144,719 — placing it in the 11th percentile nationally and the 43rd percentile within NE1. The property covers 54 m² (581 sq ft), giving an estimated value of £2,680 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £135,000

    Aug 2022

    Estimated Valuation

    £144,719

    Est. £/sq ft

    £249/sq ft

    £2,680/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    18 Aug 2022

    £135,000

    5 Dec 2006

    £146,000

    Key Metrics

    Estimated valuation£144,719
    Value per sq ft / m²£249/sq ft (£2,680/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile43rd 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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