Apartment 25, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 732 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 £175,413 , which equates to approximately £240 per square foot. It was last sold on 26 May 2006 for £150,000. Since then, the value has increased by £25,413, representing a 16.9% increase, or approximately 0.9% per year.

The current estimated value of £175,413 is:

  • 13.0% lower than the average property price on Melbourne Street
  • 17.7% lower than the average in the NE1 2JR postcode area
  • and 33.8% 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
2003-2006
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£175,413
Price Per sq ft (estimate)
£240
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 25, 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 6 Mar 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 27 Mar 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 4.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 89% of fixed outlets, with efficiency improving from very poor 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 89% of fixed outlets
Very Good

Compared to NE1 2JR

59 th / 64
Price Rank
18% lower than average
36 th / 64
Size Rank
2% smaller than average
61 st / 64
Price Per Sq FT Rank
16% lower than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 59th out of 64. Based on price per square foot, it ranks 61th out of 64 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 36th out of 64 properties in its postcode area.

Sale History

Today
£175,413
streetscan.co.uk estimate
+17 %
26 May 2006
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 786 sq ft
sale price: £170,000
sale date: 6 Mar 2024
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
rooms: 3
size: 840 sq ft
sale price: £140,000
sale date: 12 Sep 2017

Data Sources

The property at Apartment 25, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR appears once in the Land Registry records, with the transaction recorded on 26 May 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Mar 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.