Apartment 5, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 872 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £294,013 , which equates to approximately £337 per square foot. It was last sold on 4 Jul 2006 for £256,950. Since then, the value has increased by £37,063, representing a 14.4% increase, or approximately 0.7% per year.

The current estimated value of £294,013 is:

  • 45.8% higher than the average property price on Melbourne Street
  • 37.9% higher than the average in the NE1 2JR postcode area
  • and 10.9% 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
Flat
Built
2003-2006
Interior Size
872 sq ft
Tenure
Leasehold
Price (estimate)
£294,013
Price Per sq ft (estimate)
£337
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 5, 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 22 Jan 2019.

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 10 Dec 2008. The rating of D is unchanged, though the energy efficiency score decreased by 7.7%.

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 updated from low energy lighting in 42% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from average to 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
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NE1 2JR

15 th / 64
Price Rank
38% higher than average
16 th / 64
Size Rank
16% bigger than average
22 nd / 64
Price Per Sq FT Rank
18% higher than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 15th out of 64. Based on price per square foot, it ranks 22th out of 64 properties. In terms of size, this home ranks 16th out of 64 properties in its postcode area.

Sale History

Today
£294,013
streetscan.co.uk estimate
+14 %
4 Jul 2006
£256,950
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: 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
rooms: 3
size: 818 sq ft
sale price: £144,200
sale date: 15 Nov 2017

Data Sources

The property at Apartment 5, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR appears once in the Land Registry records, with the transaction recorded on 4 Jul 2006. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jan 2019. 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.