Apartment 61, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 388 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £139,345 , which equates to approximately £360 per square foot. It was last sold on 17 Oct 2014 for £105,000. Since then, the value has increased by £34,345, representing a 32.7% increase, or approximately 2.9% per year.

The current estimated value of £139,345 is:

  • 30.9% lower than the average property price on Melbourne Street
  • 34.7% lower than the average in the NE1 2JR postcode area
  • and 47.4% 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
388 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£139,345
Price Per sq ft (estimate)
£360
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 61, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Nov 2018.

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.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 2JR

63 rd / 64
Price Rank
35% lower than average
60 th / 64
Size Rank
48% smaller than average
20 th / 64
Price Per Sq FT Rank
26% higher than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 63th out of 64. Based on price per square foot, it ranks 20th 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 60th out of 64 properties in its postcode area.

Sale History

Today
£139,345
streetscan.co.uk estimate
+33 %
17 Oct 2014
£105,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £113,000
sale date: 6 Jun 2025
rooms: 2
size: 441 sq ft
sale price: £112,000
sale date: 23 May 2025
rooms: 2
size: 409 sq ft
sale price: £112,000
sale date: 23 Aug 2024
rooms: 2
size: 409 sq ft
sale price: £114,000
sale date: 14 Jun 2024
rooms: 2
size: 344 sq ft
sale price: £110,000
sale date: 17 Apr 2024

Data Sources

The property at Apartment 61, Rialto Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JR appears once in the Land Registry records, with the transaction recorded on 17 Oct 2014. It also has a single Energy Performance Certificate (EPC) from 27 Nov 2018. 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.