1 Meadow Rise, Newcastle Upon Tyne, NE5 4TR is a leasehold flat built between 1983-1990. The property offers approximately 269 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £42,217 , which equates to approximately £157 per square foot. It was last sold on 23 Jun 2023 for £39,000. Since then, the value has increased by £3,217, representing a 8.2% increase, or approximately 3.3% per year.

The current estimated value of £42,217 is:

  • 68.2% lower than the average property price on Meadow Rise
  • 65.6% lower than the average in the NE5 4TR postcode area
  • and 84.1% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE5 4TR

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
269 sq ft
Tenure
Leasehold
Price (estimate)
£42,217
Price Per sq ft (estimate)
£157
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Meadow Rise, Newcastle Upon Tyne, Tyne And Wear, NE5 4TR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Aug 2017.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Aug 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 45%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE5 4TR

34 th / 36
Price Rank
66% lower than average
27 th / 28
Size Rank
53% smaller than average
20 th / 28
Price Per Sq FT Rank
27% lower than average

Compared to other properties in NE5 4TR , this flat's estimated value ranks 34th out of 36. Based on price per square foot, it ranks 20th out of 28 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 27th out of 28 properties in its postcode area.

Sale History

Today
£42,217
streetscan.co.uk estimate
+8 %
23 Jun 2023
£39,000
Leasehold
+95 %
9 Mar 2001
£20,000
Leasehold
+37.9 %
31 May 1996
£14,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 269 sq ft
sale price: £39,750
sale date: 12 May 2023
rooms: 1
size: 269 sq ft
sale price: £47,500
sale date: 17 Sep 2021
rooms: 1
size: 237 sq ft
sale price: £41,000
sale date: 21 Feb 2014
rooms: 1
size: 269 sq ft
sale price: £62,000
sale date: 3 Feb 2005
rooms: 1
size: 269 sq ft
sale price: £60,000
sale date: 24 Sep 2004

Data Sources

The property at 1 Meadow Rise, Newcastle Upon Tyne, NE5 4TR appears three times in the Land Registry records, with the latest transaction recorded on 23 Jun 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Aug 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.