Apartment 35, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 689 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £141,640 , which equates to approximately £206 per square foot. It was last sold on 26 Apr 2013 for £101,000. Since then, the value has increased by £40,640, representing a 40.2% increase, or approximately 3.2% per year.

The current estimated value of £141,640 is:

  • 29.7% lower than the average property price on Melbourne Street
  • 33.6% lower than the average in the NE1 2JR postcode area
  • and 46.6% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 28 June 2022, the property was recorded as rented.

View sold house prices in NE1 2JR

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£141,640
Price Per sq ft (estimate)
£206
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 35, 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 28 Jun 2022.

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 16 Apr 2011. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

Since the previous assessment, several changes were observed:

  • 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.
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 all fixed outlets
Very Good

Compared to NE1 2JR

55 th / 64
Price Rank
34% lower than average
54 th / 64
Size Rank
8% smaller than average
54 th / 64
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 55th out of 64. Based on price per square foot, it ranks 54th 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 54th out of 64 properties in its postcode area.

Sale History

Today
£141,640
streetscan.co.uk estimate
+40 %
26 Apr 2013
£101,000
Leasehold
-42.3 %
19 Jul 2007
£175,000
Leasehold
+16.7 %
28 Mar 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: 2
size: 786 sq ft
sale price: £90,000
sale date: 4 Nov 2020
rooms: 3
size: 786 sq ft
sale price: £140,000
sale date: 12 Aug 2015
rooms: 3
size: 764 sq ft
sale price: £125,000
sale date: 28 Jun 2013
rooms: 3
size: 614 sq ft
sale price: £122,000
sale date: 18 Dec 2009

Data Sources

The property at Apartment 35, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR appears three times in the Land Registry records, with the latest transaction recorded on 26 Apr 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jun 2022. 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.