Apartment 34, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold other property built between 2003-2006. The property offers approximately 1,098 square feet of living space and is situated on the 2nd floor. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £235,823 , which equates to approximately £215 per square foot. It was last sold on 11 Nov 2016 for £197,000. Since then, the value has increased by £38,823, representing a 19.7% increase, or approximately 2.2% per year.

The current estimated value of £235,823 is:

  • 17.0% higher than the average property price on Melbourne Street
  • 10.6% higher than the average in the NE1 2JR postcode area
  • and 11.0% 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
1098 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£235,823
Price Per sq ft (estimate)
£215
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 34, 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 30 Aug 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 11 Jul 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 16.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 58% of fixed outlets to low energy lighting in 73% 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
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to NE1 2JR

1 st / 64
Price Rank
11% higher than average
6 th / 64
Size Rank
47% bigger than average
28 th / 64
Price Per Sq FT Rank
25% lower than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 1st out of 64. Based on price per square foot, it ranks 28th out of 64 properties. In terms of size, this home ranks 6th out of 64 properties in its postcode area.

Sale History

Today
£235,823
streetscan.co.uk estimate
+20 %
11 Nov 2016
£197,000
Leasehold
-39.4 %
21 Sep 2007
£325,000
Leasehold
+47.7 %
16 Jun 2006
£220,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 484 sq ft
sale price: £116,000
sale date: 26 Sep 2025
rooms: 4
size: 700 sq ft
sale price: £185,950
sale date: 14 Jun 2006
rooms: 4
size: 700 sq ft
sale price: £248,000
sale date: 5 Jul 2007
rooms: 3
size: 764 sq ft
sale price: £165,000
sale date: 18 Jun 2007
rooms: 4
size: 678 sq ft
sale price: £240,000
sale date: 21 Feb 2007

Data Sources

The property at Apartment 34, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR appears three times in the Land Registry records, with the latest transaction recorded on 11 Nov 2016. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 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.