Apartment 32 Marconi House Melbourne Street

    APARTMENT 32 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in May 2015 for £88,000. Based on price growth in the NE1 district since then, its estimated current value is £105,102 — placing it in the 4th percentile nationally and the 13th percentile within NE1. The property covers 42 m² (452 sq ft), giving an estimated value of £2,502 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £88,000

    May 2015

    Estimated Valuation

    £105,102

    Est. £/sq ft

    £232/sq ft

    £2,502/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area452 sq ft (42 m²)
    EPC dateJan 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 May 2015

    £88,000

    6 May 2005

    New build

    £126,750

    Key Metrics

    Estimated valuation£105,102
    Value per sq ft / m²£232/sq ft (£2,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile13th 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

    More properties in NE1

    Streets in NE1

    Explore nearby