Apartment 48, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS is a leasehold flat built between 2007-2011. The property offers approximately 753 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £160,829 , which equates to approximately £213 per square foot. It was last sold on 9 Sep 2024 for £157,500. Since then, the value has increased by £3,329, representing a 2.1% increase, or approximately 1.7% per year.

The current estimated value of £160,829 is:

  • 20.2% lower than the average property price on Melbourne Street
  • 0.7% higher than the average in the NE1 2JS postcode area
  • and 39.3% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 18 March 2024, the property was recorded as rented.

View sold house prices in NE1 2JS

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£160,829
Price Per sq ft (estimate)
£213
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 48, Marconi House Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Mar 2024.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 Nov 2008. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency changing from average to poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, filled cavity and external insulation, improving energy efficiency from good to very good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, filled cavity and external insulation
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 2JS

24 th / 73
Price Rank
1% higher than average
10 th / 72
Size Rank
45% bigger than average
64 th / 72
Price Per Sq FT Rank
30% lower than average

Compared to other properties in NE1 2JS , this flat's estimated value ranks 24th out of 73. Based on price per square foot, it ranks 64th 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 10th out of 72 properties in its postcode area.

Sale History

Today
£160,829
streetscan.co.uk estimate
+2 %
9 Sep 2024
£157,500
Leasehold
+16.7 %
24 Sep 2015
£134,950
Leasehold
-32.5 %
1 Jun 2005
£200,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 840 sq ft
sale price: £150,000
sale date: 11 Apr 2025
rooms: 3
size: 850 sq ft
sale price: £135,000
sale date: 27 Mar 2025
rooms: 3
size: 764 sq ft
sale price: £130,000
sale date: 14 Oct 2024
rooms: 3
size: 700 sq ft
sale price: £124,500
sale date: 24 Mar 2016
rooms: 3
size: 667 sq ft
sale price: £140,000
sale date: 4 Sep 2015

Data Sources

The property at Apartment 48, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS appears three times in the Land Registry records, with the latest transaction recorded on 9 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Mar 2024. 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.