Apartment 60, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 258 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £110,888 , which equates to approximately £429 per square foot. It was last sold on 12 Sep 2014 for £87,000. Since then, the value has increased by £23,888, representing a 27.5% increase, or approximately 2.4% per year.

The current estimated value of £110,888 is:

  • 45.0% lower than the average property price on Melbourne Street
  • 48.0% lower than the average in the NE1 2JR postcode area
  • and 58.2% lower 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
258 sq ft
Tenure
Leasehold
Price (estimate)
£110,888
Price Per sq ft (estimate)
£429
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 60, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 4 Dec 2019.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 2JR

64 th / 64
Price Rank
48% lower than average
63 rd / 64
Size Rank
65% smaller than average
10 th / 64
Price Per Sq FT Rank
51% higher than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 64th out of 64. Based on price per square foot, it ranks 10th out of 64 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 63th out of 64 properties in its postcode area.

Sale History

Today
£110,888
streetscan.co.uk estimate
+27 %
12 Sep 2014
£87,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 258 sq ft
sale price: £132,000
sale date: 15 Jul 2016
rooms: 2
size: 269 sq ft
sale price: £114,950
sale date: 17 Feb 2016

Data Sources

The property at Apartment 60, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR appears once in the Land Registry records, with the transaction recorded on 12 Sep 2014. It also has a single Energy Performance Certificate (EPC) from 4 Dec 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.