Apartment 36 Marconi House Melbourne Street

    APARTMENT 36 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in September 2011 for £82,000. Based on price growth in the NE1 district since then, its estimated current value is £103,317 — placing it in the 4th percentile nationally and the 12th percentile within NE1. The property covers 38 m² (409 sq ft), giving an estimated value of £2,719 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £82,000

    Sept 2011

    Estimated Valuation

    £103,317

    Est. £/sq ft

    £253/sq ft

    £2,719/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 area409 sq ft (38 m²)
    EPC dateFeb 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    22 Sept 2011

    £82,000

    5 May 2005

    £117,250

    Key Metrics

    Estimated valuation£103,317
    Value per sq ft / m²£253/sq ft (£2,719/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile12th 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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