Apartment 17, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built in 2007 onwards. The property offers approximately 732 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £266,330 , which equates to approximately £364 per square foot. It was last sold on 1 Jun 2006 for £229,500. Since then, the value has increased by £36,830, representing a 16.0% increase, or approximately 0.8% per year.

The current estimated value of £266,330 is:

  • 32.1% higher than the average property price on Melbourne Street
  • 24.9% higher than the average in the NE1 2JR postcode area
  • and 0.5% higher than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 23 March 2009, the property was recorded as owner-occupied.

View sold house prices in NE1 2JR

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£266,330
Price Per sq ft (estimate)
£364
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 17, 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 13 Jun 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Mar 2009. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from very good to very poor.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 92% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to NE1 2JR

26 th / 64
Price Rank
25% higher than average
33 rd / 64
Size Rank
2% smaller than average
19 th / 64
Price Per Sq FT Rank
28% higher than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 26th out of 64. Based on price per square foot, it ranks 19th 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 33th out of 64 properties in its postcode area.

Sale History

Today
£266,330
streetscan.co.uk estimate
+16 %
1 Jun 2006
£229,500
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: 700 sq ft
sale price: £248,000
sale date: 5 Jul 2007
rooms: 4
size: 678 sq ft
sale price: £240,000
sale date: 21 Feb 2007
rooms: 4
size: 721 sq ft
sale price: £186,950
sale date: 7 Aug 2006
rooms: 4
size: 710 sq ft
sale price: £185,000
sale date: 16 Jun 2006

Data Sources

The property at Apartment 17, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR appears once in the Land Registry records, with the transaction recorded on 1 Jun 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jun 2019. 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.