Apartment 3, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS is a leasehold flat built between 2003-2006. The property offers approximately 700 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 £155,882 , which equates to approximately £223 per square foot. It was last sold on 24 Mar 2016 for £124,500. Since then, the value has increased by £31,382, representing a 25.2% increase, or approximately 2.6% per year.

The current estimated value of £155,882 is:

  • 22.7% lower than the average property price on Melbourne Street
  • 2.4% lower than the average in the NE1 2JS postcode area
  • and 41.2% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 2JS

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£155,882
Price Per sq ft (estimate)
£223
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 3, 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 12 Nov 2008.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Very Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE1 2JS

22 nd / 73
Price Rank
2% lower than average
13 th / 72
Size Rank
34% bigger than average
49 th / 72
Price Per Sq FT Rank
27% lower than average

Compared to other properties in NE1 2JS , this flat's estimated value ranks 22th out of 73. Based on price per square foot, it ranks 49th 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 13th out of 72 properties in its postcode area.

Sale History

Today
£155,882
streetscan.co.uk estimate
+25 %
24 Mar 2016
£124,500
Leasehold
-36.2 %
3 May 2005
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 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
rooms: 3
size: 689 sq ft
sale price: £134,000
sale date: 1 May 2015

Data Sources

The property at Apartment 3, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS appears two times in the Land Registry records, with the latest transaction recorded on 24 Mar 2016. It also has a single Energy Performance Certificate (EPC) from 12 Nov 2008. 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.