Apartment 62, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat built between 2003-2006. The property offers approximately 312 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 £94,145 , which equates to approximately £302 per square foot. It was last sold on 17 Jul 2018 for £79,000. Since then, the value has increased by £15,145, representing a 19.2% increase, or approximately 2.6% per year.

The current estimated value of £94,145 is:

  • 53.3% lower than the average property price on Melbourne Street
  • 55.8% lower than the average in the NE1 2JR postcode area
  • and 64.5% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 15 August 2025, the property was recorded as rented.

View sold house prices in NE1 2JR

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
312 sq ft
Tenure
Leasehold
Price (estimate)
£94,145
Price Per sq ft (estimate)
£302
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 62, 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 15 Aug 2025.

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 6 Jul 2015. The rating of C remains the same, but the energy efficiency score improved by 2.9%.

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), changing energy efficiency from very good to good.
  • The lighting was updated from no low energy lighting to below average lighting efficiency, with efficiency improving from very poor to average.
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
Average
Lighting
Below average lighting efficiency
Average

Compared to NE1 2JR

61 st / 64
Price Rank
56% lower than average
62 nd / 64
Size Rank
58% smaller than average
3 rd / 64
Price Per Sq FT Rank
6% higher than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 61th out of 64. Based on price per square foot, it ranks 3rd 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 62th out of 64 properties in its postcode area.

Sale History

Today
£94,145
streetscan.co.uk estimate
+19 %
17 Jul 2018
£79,000
Leasehold
-36.8 %
21 Dec 2015
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 312 sq ft
sale price: £79,000
sale date: 24 Aug 2018
rooms: 2
size: 344 sq ft
sale price: £110,000
sale date: 17 Apr 2024
rooms: 2
size: 269 sq ft
sale price: £114,950
sale date: 17 Feb 2016
rooms: 2
size: 323 sq ft
sale price: £200,000
sale date: 4 Aug 2006
rooms: 2
size: 334 sq ft
sale price: £146,880
sale date: 8 Jun 2006

Data Sources

The property at Apartment 62, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR appears two times in the Land Registry records, with the latest transaction recorded on 17 Jul 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Aug 2025. 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.