Apartment 29 Marconi House Melbourne Street

    APARTMENT 29 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in March 2015 for £99,500. Based on price growth in the NE1 district since then, its estimated current value is £118,837 — placing it in the 7th percentile nationally and the 24th percentile within NE1. The property covers 60 m² (646 sq ft), giving an estimated value of £1,981 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £99,500

    Mar 2015

    Estimated Valuation

    £118,837

    Est. £/sq ft

    £184/sq ft

    £1,981/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Mar 2015

    £99,500

    3 May 2005

    New build

    £129,450

    Key Metrics

    Estimated valuation£118,837
    Value per sq ft / m²£184/sq ft (£1,981/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile24th percentile
    National percentile7th 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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