1 The Open, Leazes Lane, Newcastle upon Tyne, NE1 4DB

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate
Verdict
Derived from HomePortfolio scores
1 The Open earns an INVESTIGATE rating with HP Score 61/100. Investment score 63/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (96/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceModerate
- RadonLow
- MiningUnknown
- LandslideLow
- Air QualityLow
- NoiseLow
Planning Activity
- Pending2025/0437/03/DCCSubmission of details of Boundary Wall and Railings to comply with condition 3 of Planning Permission 2025/0437/01/DET dated 17.06.2025.
- Pending2023/1967/13/RVCMinor Material Amendment: Amendment to wording of conditions 1, 3, 5, 9 and 18 to control phasing to planning permission 2022/1967/09/RVC dated 24.10.2025. Minor Material Amendment: Variation of condition 2 (amendment to approved plans to revise internal layouts for redesign of internal cores with increased provision of evacuation lifts and associated lobbies and smoke shafts) to permission 2022/1967/01/DET dated 17.11.2023. Erection of a 14 storey building for student accommodation comprising studio rooms (Class C3) and cluster apartments (Class C4) with ancillary facilities, public realm, hard and soft landscaping'.
- Pending2026/1057/01/DETSiting of a !YEEP parcel locker to the Eastern Elevation (Retrospective)
Ownership
- Corporate Ownership26.7%
- Overseas OwnershipNo
- Lease Term Remaining84 yrs
- CovenantsNone
- Lease TypeLeasehold
- Last Ownership Change1997-09-19
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- -University of Newcastle Upon Tyne0.3 mi
- -University of Northumbria At Newcastle0.5 mi
- Our Lady and St Anne's Catholic Primary School0.6 miGood
- Inspected by ISIRoyal Grammar School0.6 mi
1 of 6 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- 24 The Open-£155k-
- 22 The Open-£145k-
- 29 The Open-£160k-
- 11 The Open-£115k-