Apartment 20, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built in 2007 onwards. The property offers approximately 581 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £216,952 , which equates to approximately £373 per square foot. It was last sold on 9 Jun 2006 for £186,950. Since then, the value has increased by £30,002, representing a 16.0% increase, or approximately 0.8% per year.

The current estimated value of £216,952 is:

  • 7.6% higher than the average property price on Melbourne Street
  • 1.7% higher than the average in the NE1 2JR postcode area
  • and 18.2% lower 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
2007 onwards
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£216,952
Price Per sq ft (estimate)
£373
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 20, 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 7 Dec 2018.

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 5 Nov 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric instantaneous at point of use to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from good 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)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 2JR

44 th / 64
Price Rank
2% higher than average
58 th / 64
Size Rank
22% smaller than average
18 th / 64
Price Per Sq FT Rank
31% higher than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 44th out of 64. Based on price per square foot, it ranks 18th 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 58th out of 64 properties in its postcode area.

Sale History

Today
£216,952
streetscan.co.uk estimate
+16 %
9 Jun 2006
£186,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £122,000
sale date: 18 Dec 2009
rooms: 3
size: 560 sq ft
sale price: £131,000
sale date: 24 Mar 2016
rooms: 3
size: 570 sq ft
sale price: £142,000
sale date: 4 Sep 2015
rooms: 3
size: 667 sq ft
sale price: £140,000
sale date: 4 Sep 2015
rooms: 3
size: 642 sq ft
sale price: £134,500
sale date: 20 May 2015

Data Sources

The property at Apartment 20, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR appears once in the Land Registry records, with the transaction recorded on 9 Jun 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Dec 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.