Apartment 47, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 1,076 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £269,172 , which equates to approximately £250 per square foot. It was last sold on 23 May 2008 for £236,000. Since then, the value has increased by £33,172, representing a 14.1% increase, or approximately 0.8% per year.

The current estimated value of £269,172 is:

  • 33.5% higher than the average property price on Melbourne Street
  • 26.2% higher than the average in the NE1 2JR postcode area
  • and 1.5% higher than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 2JR

Building approximate location

About Property

Type
Terraced Maisonette
Built
2003-2006
Interior Size
1076 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£269,172
Price Per sq ft (estimate)
£250
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 47, 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 11 Sep 2020.

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 28 Jun 2010. The rating of D remains the same, but the energy efficiency score improved by 1.8%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Flat, insulated (assumed)
Good
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

21 st / 64
Price Rank
26% higher than average
7 th / 64
Size Rank
44% bigger than average
58 th / 64
Price Per Sq FT Rank
12% lower than average

Compared to other properties in NE1 2JR , this maisonette's estimated value ranks 21th out of 64. Based on price per square foot, it ranks 58th 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 7th out of 64 properties in its postcode area.

Sale History

Today
£269,172
streetscan.co.uk estimate
+14 %
23 May 2008
£236,000
Leasehold
+47.5 %
18 Jul 2006
£160,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1098 sq ft
sale price: £204,000
sale date: 26 Jun 2017
rooms: 3
size: 1023 sq ft
sale price: £169,000
sale date: 6 Jul 2016
rooms: 3
size: 915 sq ft
sale price: £125,000
sale date: 27 Sep 2013
rooms: 3
size: 968 sq ft
sale price: £135,000
sale date: 13 Sep 2013
rooms: 3
size: 1033 sq ft
sale price: £154,000
sale date: 31 Mar 2010

Data Sources

The property at Apartment 47, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR appears two times in the Land Registry records, with the latest transaction recorded on 23 May 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Sep 2020. 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.