Apartment 11, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 1996-2002. The property offers approximately 786 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £330,737 , which equates to approximately £421 per square foot. It was last sold on 2 Jun 2006 for £285,000. Since then, the value has increased by £45,737, representing a 16.0% increase, or approximately 0.8% per year.

The current estimated value of £330,737 is:

  • 64.1% higher than the average property price on Melbourne Street
  • 55.1% higher than the average in the NE1 2JR postcode area
  • and 24.8% higher than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 2JR

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£330,737
Price Per sq ft (estimate)
£421
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 11, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Jul 2018.

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.

Heating Type
Room heaters, electric
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 2JR

8 th / 64
Price Rank
55% higher than average
27 th / 64
Size Rank
5% bigger than average
11 th / 64
Price Per Sq FT Rank
48% higher than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 8th out of 64. Based on price per square foot, it ranks 11th out of 64 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 27th out of 64 properties in its postcode area.

Sale History

Today
£330,737
streetscan.co.uk estimate
+16 %
2 Jun 2006
£285,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 786 sq ft
sale price: £170,000
sale date: 6 Mar 2024
rooms: 4
size: 872 sq ft
sale price: £148,000
sale date: 27 May 2022
rooms: 3
size: 829 sq ft
sale price: £109,000
sale date: 2 Oct 2020
rooms: 3
size: 818 sq ft
sale price: £110,000
sale date: 16 Aug 2019
rooms: 3
size: 818 sq ft
sale price: £144,200
sale date: 15 Nov 2017

Data Sources

The property at Apartment 11, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR appears once in the Land Registry records, with the transaction recorded on 2 Jun 2006. It also has a single Energy Performance Certificate (EPC) from 9 Jul 2018. 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.