Property profile

1 The Open

Map showing 1 The Open, Newcastle Upon Tyne

Loading map…

Estimated sale price

£145,000

Terraced sold in Monument

The box shows the middle 50% of terraced sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold19 Sept 1997
£36,500Change since last sale: +£107,000 (+293%)
Annualised change
+4.8% per yearNewcastle upon Tyne annualised change (terraced) since 1997: +5.3% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £286 per sq ft
£351 per sq ftEstimate vs local median: +£65 per sq ft (+23%)
Local sold pricesMedian for terraced in Monument
£875,000Estimate vs local median: −£731,000 (−84%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Enclosed Mid-Terrace
TenureLeasehold
Construction period1983-1990
Floor area38 m² / 409 sq ft
Rooms3 habitable / 3 heated
Floor level1
EPC ratingC
EPC inspection21 May 2024

Sales history

DatePriceChange
19 Sept 1997£36,500-

Local market

Property prices in Monument

Median price£147,500
Price per sq ft£222
Sales (last 12 months)68
Typical range (middle 50%)£117K – £176K

Based on 68 recent sales, the median property price is £147,500 (about £222 per square foot) in Monument area, with individual transactions ranging from £37,000 up to £920,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Monument over the last year.
TypeSalesMedian£/sq ft
Terraced3£875,000£286
Semi-Detached1£305,000£251
Flats64£142,500£219

10-year price trendmedian sale price in Monument

Sale price

Ten year median sale price trend for each property type in Monument.
YearFlatsTerraced
2016£120,625£217,500
2017£154,950£236,000
2018£137,500£262,500
2019£145,000£490,000
2020£170,000£270,000
2021£168,750£413,000
2022£137,500£210,500
2023£135,000£275,000
2024£142,500£315,000
2025£140,000£390,000
2026£150,000£875,000
Ten year median sale price trend for each property type in Monument.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Monument.
YearFlatsTerraced
2016£199£133
2017£214£161
2018£208£164
2019£201£209
2020£222£206
2021£203£237
2022£219£212
2023£227£199
2024£216£204
2025£217£203
2026£200£286
Ten year median sale price per square foot trend for each property type in Monument.

Price distribution by property typelast 12 months

Price distribution by property type for Monument in the last year.

Recent sales

There were 19 recent sold properties in the last 18 months near NE1 4DB.

Recent sold properties in the last 18 months near NE1 4DB
DateAddressTypeTenurePriceMap
11 Sept 202524, The Open, Newcastle Upon Tyne, NE1 4DBFlatsLeasehold£155,000
01 May 202522, The Open, Newcastle Upon Tyne, NE1 4DBFlatsLeasehold£145,000
20 May 202617, The Chare, Newcastle Upon Tyne, NE1 4DDFlatsLeasehold£120,000
06 Jun 202541, The Chare, Newcastle Upon Tyne, NE1 4DDFlatsLeasehold£155,000
18 Nov 202516, The Mews, Newcastle Upon Tyne, NE1 4DAFlatsLeasehold£155,000

Other properties at this postcode

AddressTenureFloor areaLast sale
2, The Open, Newcastle Upon TyneLeasehold36 m²£98,000 (2003)
3 The Open, Newcastle Upon TyneLeasehold36 m²£116,500 (2022)
4 The Open, Newcastle Upon TyneLeasehold45 m²£124,990 (2006)
5, The Open, Newcastle Upon TyneLeasehold45 m²£100,000 (2020)
6 The Open, Newcastle Upon TyneLeasehold52 m²£135,000 (2013)
7 The Open, Leazes Lane, Newcastle Upon Tyne, Newcastle Upon TyneLeasehold37 m²£75,000 (2014)
8, The Open, Newcastle Upon Tyne-36 m²-
9, The Open, Newcastle Upon TyneLeasehold46 m²£60,000 (1998)
10 The Open, Newcastle Upon TyneLeasehold51 m²£128,000 (2013)
11 The Open, Newcastle Upon TyneLeasehold37 m²£115,000 (2023)

Area insights for NE1 4DB

Full area profile →

Overview

Postcode NE1 4DB is located in a major urban area, within the Monument ward of Newcastle upon Tyne in the North East region, and forms part of the Newcastle City Centre area. It has high deprivation and very high crime levels, with around 520.4 crimes per 1,000 residents per year, roughly 4.5× the North East average of 117 per 1,000. The average income per household in Newcastle City Centre is £47,448 per year. The nearest station is Newcastle, about 0.5 miles away. There are 6 primary and 2 secondary schools in the area. There are 3 parks nearby, the closest large park is Leazes Park.

Crime rate
10/10
Crimes per 1k residents
520
Deprivation level
7/10
Income level
7/10
Social housing
4.3%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

7/10

Newcastle City Centre has a high level of deprivation, ranked at position 10,328 out of 32,844 areas in the United Kingdom, placing it within the top 31% most deprived areas in England.

Crime level

10/10

Newcastle City Centre has a very high crime rate, with approximately 520.4 reported incidents per 1,000 population each year.

Social housing

4.3%

Approximately 4.3% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 29.2% of dwellings are socially rented.

Income level

7/10

The average income per household in Newcastle City Centre is £47,448 per year.

Noise Level

No noise

No significant noise sources from railways or roads near NE1 4DB.

Flood risk

No risk

Newcastle City Centre near NE1 4DB has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Newcastle located about 0.5 miles away. There are 2 stations nearby.

Nearby public transport stations for NE1 4DB
DistanceNameLinesDirections
0.6 mi

Newcastle

N/A

Walking directions to Newcastle
0.6 mi

Manors

N/A

Walking directions to Manors

Parks

Nearby parks and green spaces for NE1 4DB
DistanceNameSizeDirections
0.4 miLeazes ParkLargeWalking directions to Leazes Park
0.2 miSt Thomas' GreenSmallWalking directions to St Thomas' Green
0.4 miBank House PlazaSmallWalking directions to Bank House Plaza

Area Profile

Population
547
Population density
11,115.6 per km²

Crime

Crime per 1,000 population

Anti-social behaviour
243.02(+1012%)
Shoplifting
223.34(+1809%)
Violence and sexual offences
215.82(+458%)
Public order
70.15(+757%)
Other theft
65.86(+999%)
North East average

Demographics

Ethnic groups

Chinese
253
46.17%
British
114
20.8%
Other White
55
10.04%
Arab
39
7.12%
Indian
25
4.56%
Total population: 548

Economics

Education (age 16+)

Level 4+ (Degree)
293
54.87%
Level 3 (A level)
116
21.72%
No qualifications
44
8.24%
Level 2 (GCSEs 9-4)
23
4.31%
Apprenticeship
21
3.93%
Total 16+ residents: 534

Housing

Housing tenure

Private landlord or letting agency
95
81.2%
Owns outright
10
8.55%
Owns with a mortgage
5
4.27%
Other social rented
3
2.56%
Social rents from council
2
1.71%
Total households: 117

Schools

In the NE1 4DB postcode area, located within Newcastle City Centre, there are 6 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for NE1 4DB
DistancePhaseNameTypeRating
0.3 miNot applicableUniversity of Newcastle Upon TyneHigher education institutions

Good

0.4 miNot applicableUniversity of Northumbria At NewcastleHigher education institutions

Good

0.6 miPrimaryOur Lady and St Anne's Catholic Primary SchoolAcademy converter

Good

Local amenities

15 nearby supermarkets & convenience stores within mi of NE1 4DB

Nearby supermarkets & convenience stores for NE1 4DB
DistanceNameAddressDirections
0 miPercy Street Express Shop67 Percy Street, Newcastle upon Tyne, NE1 7RAWalking directions to Percy Street Express Shop
0.1 miTsang Foods87 Percy Street, Newcastle upon Tyne, NE1 7RWWalking directions to Tsang Foods
0.1 miTesco Express27 Percy Street, Newcastle upon Tyne, NE1 4PWWalking directions to Tesco Express
0.1 miBaba6 The Hub Haymarket, Newcastle upon Tyne, NE1 7PFWalking directions to Baba
0.2 miSpar22 Gallowgate, Newcastle upon Tyne, NE1 4SNWalking directions to Spar