Apartment 63, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat 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 £93,308 , which equates to approximately £299 per square foot. It was last sold on 24 Aug 2018 for £79,000. Since then, the value has increased by £14,308, representing a 18.1% increase, or approximately 2.5% per year.

The current estimated value of £93,308 is:

  • 53.7% lower than the average property price on Melbourne Street
  • 56.2% lower than the average in the NE1 2JR postcode area
  • and 64.8% 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
Interior Size
312 sq ft
Tenure
Leasehold
Price (estimate)
£93,308
Price Per sq ft (estimate)
£299
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 63, 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 6 Jul 2015.

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.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE1 2JR

60 th / 64
Price Rank
56% lower than average
61 st / 64
Size Rank
58% smaller than average
2 nd / 64
Price Per Sq FT Rank
5% higher than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 60th out of 64. Based on price per square foot, it ranks 2nd 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 61th out of 64 properties in its postcode area.

Sale History

Today
£93,308
streetscan.co.uk estimate
+18 %
24 Aug 2018
£79,000
Leasehold
-36.8 %
4 Mar 2016
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 312 sq ft
sale price: £79,000
sale date: 17 Jul 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 63, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR appears two times in the Land Registry records, with the latest transaction recorded on 24 Aug 2018. It also has a single Energy Performance Certificate (EPC) from 6 Jul 2015. 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.