Apartment 26, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 1,238 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £313,356 , which equates to approximately £253 per square foot. It was last sold on 31 Jan 2018 for £260,000. Since then, the value has increased by £53,356, representing a 20.5% increase, or approximately 2.6% per year.

The current estimated value of £313,356 is:

  • 55.4% higher than the average property price on Melbourne Street
  • 47.0% higher than the average in the NE1 2JR postcode area
  • and 18.2% 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
Terraced Maisonette
Built
2003-2006
Interior Size
1238 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£313,356
Price Per sq ft (estimate)
£253
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 26, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Feb 2020.

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 10 Dec 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 32.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated (assumed) to flat, insulated (assumed), with no change in energy efficiency (good).
  • 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 low energy lighting in 53% of fixed outlets to low energy lighting in 88% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to NE1 2JR

11 th / 64
Price Rank
47% higher than average
3 rd / 64
Size Rank
65% bigger than average
57 th / 64
Price Per Sq FT Rank
11% lower than average

Compared to other properties in NE1 2JR , this maisonette's estimated value ranks 11th out of 64. Based on price per square foot, it ranks 57th 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 3rd out of 64 properties in its postcode area.

Sale History

Today
£313,356
streetscan.co.uk estimate
+21 %
31 Jan 2018
£260,000
Leasehold
+6.1 %
13 Jun 2006
£245,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1098 sq ft
sale price: £204,000
sale date: 26 Jun 2017
rooms: 6
size: 1109 sq ft
sale price: £193,000
sale date: 2 Feb 2015
rooms: 5
size: 1098 sq ft
sale price: £325,000
sale date: 21 Sep 2007
rooms: 6
size: 1259 sq ft
sale price: £303,000
sale date: 16 Jun 2006

Data Sources

The property at Apartment 26, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR appears two times in the Land Registry records, with the latest transaction recorded on 31 Jan 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Feb 2020. 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.