Apartment 4, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 915 square feet of living space and is situated on the 1st floor of a 7-storey building. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £164,449 , which equates to approximately £180 per square foot. It was last sold on 27 Sep 2013 for £125,000. Since then, the value has increased by £39,449, representing a 31.6% increase, or approximately 2.6% per year.

The current estimated value of £164,449 is:

  • 18.4% lower than the average property price on Melbourne Street
  • 22.9% lower than the average in the NE1 2JR postcode area
  • and 38.0% 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 15 August 2025, 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
915 sq ft
Tenure
Leasehold
Floor level
1st floor of 7
Price (estimate)
£164,449
Price Per sq ft (estimate)
£180
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 4, 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 15 Aug 2025.

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 9 Feb 2010. The rating of C remains the same, but the energy efficiency score improved by 5.7%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 75% of fixed outlets to excellent lighting efficiency, with no change in efficiency (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
Average
Lighting
Excellent lighting efficiency
Very Good

Compared to NE1 2JR

29 th / 64
Price Rank
23% lower than average
15 th / 64
Size Rank
22% bigger than average
46 th / 64
Price Per Sq FT Rank
37% lower than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 29th out of 64. Based on price per square foot, it ranks 46th 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 15th out of 64 properties in its postcode area.

Sale History

Today
£164,449
streetscan.co.uk estimate
+32 %
27 Sep 2013
£125,000
Leasehold
-49 %
22 Jun 2007
£245,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 786 sq ft
sale price: £170,000
sale date: 6 Mar 2024
rooms: 4
size: 872 sq ft
sale price: £148,000
sale date: 27 May 2022
rooms: 2
size: 786 sq ft
sale price: £90,000
sale date: 4 Nov 2020
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

Data Sources

The property at Apartment 4, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR appears two times in the Land Registry records, with the latest transaction recorded on 27 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Aug 2025. 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.