Apartment 8, Marconi House Melbourne Street, Newcastle Upon Tyne, NE1 2JS is a leasehold flat built between 2003-2006. The property offers approximately 689 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £234,094 , which equates to approximately £340 per square foot. It was last sold on 26 Apr 2005 for £184,765. Since then, the value has increased by £49,329, representing a 26.7% increase, or approximately 1.3% per year.

The current estimated value of £234,094 is:

  • 16.1% higher than the average property price on Melbourne Street
  • 46.5% higher than the average in the NE1 2JS postcode area
  • and 11.7% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE1 2JS

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£234,094
Price Per sq ft (estimate)
£340
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 8, Marconi House Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Oct 2018.

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 Nov 2008. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from very good to very poor.
  • The lighting was updated from low energy lighting in 2% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to NE1 2JS

30 th / 73
Price Rank
47% higher than average
16 th / 72
Size Rank
32% bigger than average
54 th / 72
Price Per Sq FT Rank
11% higher than average

Compared to other properties in NE1 2JS , this flat's estimated value ranks 30th out of 73. Based on price per square foot, it ranks 54th out of 72 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 72 properties in its postcode area.

Sale History

Today
£234,094
streetscan.co.uk estimate
+27 %
26 Apr 2005
£184,765
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 764 sq ft
sale price: £130,000
sale date: 14 Oct 2024
rooms: 3
size: 753 sq ft
sale price: £157,500
sale date: 9 Sep 2024
rooms: 3
size: 700 sq ft
sale price: £124,500
sale date: 24 Mar 2016
rooms: 3
size: 667 sq ft
sale price: £140,000
sale date: 4 Sep 2015
rooms: 3
size: 642 sq ft
sale price: £134,500
sale date: 20 May 2015

Data Sources

The property at Apartment 8, Marconi House Melbourne Street, Newcastle Upon Tyne, Tyne And Wear, NE1 2JS appears once in the Land Registry records, with the transaction recorded on 26 Apr 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Oct 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.