283 Melbourne Court Howard Street

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

    This flat/maisonette leasehold property on Howard Street last sold in August 2019 for £55,000. Based on price growth in the NE1 district since then, its estimated current value is £75,156 — placing it in the 1st percentile nationally and the 3rd percentile within NE1. The property covers 52 m² (560 sq ft), giving an estimated value of £1,445 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £55,000

    Aug 2019

    Estimated Valuation

    £75,156

    Est. £/sq ft

    £134/sq ft

    £1,445/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateFeb 2014
    WallsSystem built, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    9 Aug 2019

    £55,000

    Key Metrics

    Estimated valuation£75,156
    Value per sq ft / m²£134/sq ft (£1,445/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile3rd percentile
    National percentile1st 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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