Apartment 2, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS is a leasehold flat built between 2003-2006. The property offers approximately 850 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £167,402 , which equates to approximately £197 per square foot. It was last sold on 14 Mar 2013 for £120,000. Since then, the value has increased by £47,402, representing a 39.5% increase, or approximately 3.1% per year.

The current estimated value of £167,402 is:

  • 17.0% lower than the average property price on Melbourne Street
  • 4.8% higher than the average in the NE1 2JS postcode area
  • and 36.8% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 1 August 2023, the property was recorded as rented.

View sold house prices in NE1 2JS

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
850 sq ft
Tenure
Leasehold
Price (estimate)
£167,402
Price Per sq ft (estimate)
£197
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 2, Marconi House Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Aug 2023.

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 4 Dec 2008, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 9.6%.

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 no low energy lighting to low energy lighting in 18% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 18% of fixed outlets
Poor

Compared to NE1 2JS

23 rd / 73
Price Rank
5% higher than average
4 th / 72
Size Rank
63% bigger than average
69 th / 72
Price Per Sq FT Rank
36% lower than average

Compared to other properties in NE1 2JS , this flat's estimated value ranks 23th out of 73. Based on price per square foot, it ranks 69th out of 72 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 4th out of 72 properties in its postcode area.

Sale History

Today
£167,402
streetscan.co.uk estimate
+40 %
14 Mar 2013
£120,000
Leasehold
-37.6 %
26 Apr 2005
£192,200
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 840 sq ft
sale price: £150,000
sale date: 11 Apr 2025
rooms: 3
size: 850 sq ft
sale price: £135,000
sale date: 27 Mar 2025
rooms: 3
size: 764 sq ft
sale price: £130,000
sale date: 14 Oct 2024
rooms: 3
size: 753 sq ft
sale price: £157,500
sale date: 9 Sep 2024
rooms: 3
size: 947 sq ft
sale price: £132,000
sale date: 22 Dec 2015

Data Sources

The property at Apartment 2, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS appears two times in the Land Registry records, with the latest transaction recorded on 14 Mar 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Aug 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.