Apartment 5 Marconi House Melbourne Street

    APARTMENT 5 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in April 2005 for £190,000. Based on price growth in the NE1 district since then, its estimated current value is £185,202 — placing it in the 21st percentile nationally and the 69th percentile within NE1. The property covers 60 m² (646 sq ft), giving an estimated value of £3,087 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £190,000

    Apr 2005

    Estimated Valuation

    £185,202

    Est. £/sq ft

    £287/sq ft

    £3,087/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateSept 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    26 Apr 2005

    New build

    £190,000

    Key Metrics

    Estimated valuation£185,202
    Value per sq ft / m²£287/sq ft (£3,087/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile69th percentile
    National percentile21st 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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