Apartment 68, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR is a leasehold flat The property offers approximately 786 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £160,892 , which equates to approximately £205 per square foot. It was last sold on 27 Aug 2021 for £145,000. Since then, the value has increased by £15,892, representing a 11.0% increase, or approximately 2.5% per year.

The current estimated value of £160,892 is:

  • 20.2% lower than the average property price on Melbourne Street
  • 24.5% lower than the average in the NE1 2JR postcode area
  • and 39.3% 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
786 sq ft
Tenure
Leasehold
Price (estimate)
£160,892
Price Per sq ft (estimate)
£205
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 68, 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 10 May 2016.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are high performance glazing.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Average thermal transmittance 0.10 W/m+é-¦K
Very Good
Walls
Average thermal transmittance 0.18 W/m+é-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 2JR

12 th / 64
Price Rank
25% lower than average
28 th / 64
Size Rank
5% bigger than average
13 th / 64
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NE1 2JR , this flat's estimated value ranks 12th out of 64. Based on price per square foot, it ranks 13th 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 28th out of 64 properties in its postcode area.

Sale History

Today
£160,892
streetscan.co.uk estimate
+11 %
27 Aug 2021
£145,000
Leasehold
-42 %
9 Jun 2016
£250,000
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: 2
size: 786 sq ft
sale price: £90,000
sale date: 4 Nov 2020
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

Data Sources

The property at Apartment 68, Rialto Melbourne Street, Newcastle Upon Tyne, NE1 2JR appears two times in the Land Registry records, with the latest transaction recorded on 27 Aug 2021. It also has a single Energy Performance Certificate (EPC) from 10 May 2016. 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.