265 Melbourne Court Howard Street

    265 MELBOURNE COURT, HOWARD STREET, NEWCASTLE UPON TYNE, NE1 2AU

    This flat/maisonette leasehold property on Howard Street last sold in May 2016 for £87,000. Based on price growth in the NE1 district since then, its estimated current value is £100,071 — placing it in the 4th percentile nationally and the 11th percentile within NE1. The property covers 68 m² (732 sq ft), giving an estimated value of £1,472 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £87,000

    May 2016

    Estimated Valuation

    £100,071

    Est. £/sq ft

    £137/sq ft

    £1,472/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateJul 2014
    WallsSystem built, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    12 May 2016

    £87,000

    19 Sept 2014

    £81,000

    Key Metrics

    Estimated valuation£100,071
    Value per sq ft / m²£137/sq ft (£1,472/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile11th percentile
    National percentile4th percentile

    District Context — NE1

    NE1 covers Newcastle city centre and its immediate surroundings in Tyne and Wear, positioned as the region's economic and cultural hub. It is a mixed-tenure urban neighbourhood with strong rental demand and a youthful demographic profile.

    Average Property Price - NE1

    £172,297

    6

    National percentile

    Average Net Household Income - NE1

    £588

    0

    National percentile

    10-Year Annualised Price Growth - NE1

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE1

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