Apartment 41, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS is a leasehold flat built between 2003-2006. The property offers approximately 775 square feet of living space and is situated on the 3rd floor of a 6-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £154,781 , which equates to approximately £200 per square foot. It was last sold on 21 Aug 2014 for £121,000. Since then, the value has increased by £33,781, representing a 27.9% increase, or approximately 2.5% per year.

The current estimated value of £154,781 is:

  • 23.2% lower than the average property price on Melbourne Street
  • 3.1% lower than the average in the NE1 2JS postcode area
  • and 41.6% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 14 January 2011, the property was recorded as owner-occupied.

View sold house prices in NE1 2JS

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
3rd floor of 6
Price (estimate)
£154,781
Price Per sq ft (estimate)
£200
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 41, Marconi House Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JS has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 14 Jan 2011.

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.

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
No low energy lighting
Very Poor

Compared to NE1 2JS

17 th / 73
Price Rank
3% lower than average
8 th / 72
Size Rank
49% bigger than average
63 rd / 72
Price Per Sq FT Rank
35% lower than average

Compared to other properties in NE1 2JS , this flat's estimated value ranks 17th out of 73. Based on price per square foot, it ranks 63th 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 8th out of 72 properties in its postcode area.

Sale History

Today
£154,781
streetscan.co.uk estimate
+28 %
21 Aug 2014
£121,000
Leasehold
-39.2 %
3 May 2005
£199,000
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: 4
size: 700 sq ft
sale price: £248,000
sale date: 5 Jul 2007
rooms: 4
size: 678 sq ft
sale price: £240,000
sale date: 21 Feb 2007
rooms: 4
size: 721 sq ft
sale price: £186,950
sale date: 7 Aug 2006

Data Sources

The property at Apartment 41, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS appears two times in the Land Registry records, with the latest transaction recorded on 21 Aug 2014. It also has a single Energy Performance Certificate (EPC) from 14 Jan 2011. 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.