15 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 and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £77,719 , which equates to approximately £289 per square foot. It was last sold on 3 Feb 2005 for £62,000. Since then, the value has increased by £15,719, representing a 25.4% increase, or approximately 1.2% per year.

The current estimated value of £77,719 is:

  • 41.4% lower than the average property price on Meadow Rise
  • 36.7% lower than the average in the NE5 4TR postcode area
  • and 70.7% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 8 June 2023, the property was recorded as owner-occupied.

View sold house prices in NE5 4TR

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
269 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£77,719
Price Per sq ft (estimate)
£289
Bedroom Count (estimate)
1 bedroom

EPC Summary

15 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 8 Jun 2023.

Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 Jan 2012. The rating of D remains the same, but the energy efficiency score improved by 10.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to no system present: electric heaters assumed, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, standard tariff to electric instantaneous at point of use, with its energy efficiency changing from poor to very poor.
  • The roof construction or insulation changed from pitched, 100mm loft insulation to pitched, 75 mm loft insulation, with no change in energy efficiency (average).
  • 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.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE5 4TR

29 th / 36
Price Rank
37% lower than average
24 th / 28
Size Rank
53% smaller than average
9 th / 28
Price Per Sq FT Rank
34% higher than average

Compared to other properties in NE5 4TR , this flat's estimated value ranks 29th out of 36. Based on price per square foot, it ranks 9th out of 28 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 24th out of 28 properties in its postcode area.

Sale History

Today
£77,719
streetscan.co.uk estimate
+25 %
3 Feb 2005
£62,000
Leasehold
+6 %
20 Aug 2004
£58,500
Leasehold
+200 %
29 May 1998
£19,500
Leasehold

Area Insights

Similar Properties Sold Nearby

1 Meadow Rise, Newcastle Upon Tyne, NE5 4TR
rooms: 1
size: 269 sq ft
sale price: £39,000
sale date: 23 Jun 2023
3 Meadow Rise, Newcastle Upon Tyne, NE5 4TR
rooms: 2
size: 269 sq ft
sale price: £39,750
sale date: 12 May 2023
5 Meadow Rise, Newcastle Upon Tyne, NE5 4TR
rooms: 1
size: 269 sq ft
sale price: £47,500
sale date: 17 Sep 2021
13 Meadow Rise, Newcastle Upon Tyne, NE5 4TR
rooms: 1
size: 237 sq ft
sale price: £41,000
sale date: 21 Feb 2014
9 Meadow Rise, Newcastle Upon Tyne, NE5 4TR
rooms: 1
size: 269 sq ft
sale price: £60,000
sale date: 24 Sep 2004

Data Sources

The property at 15 Meadow Rise, Newcastle Upon Tyne, NE5 4TR appears three times in the Land Registry records, with the latest transaction recorded on 3 Feb 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jun 2023. 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.
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