Apartment 55 Marconi House Melbourne Street

    APARTMENT 55 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in November 2005 for £144,000. Based on price growth in the NE1 district since then, its estimated current value is £140,363 — placing it in the 11th percentile nationally and the 40th percentile within NE1. The property covers 60 m² (646 sq ft), giving an estimated value of £2,339 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

    £144,000

    Nov 2005

    Estimated Valuation

    £140,363

    Est. £/sq ft

    £217/sq ft

    £2,339/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

    3 Nov 2005

    £144,000

    26 May 2005

    New build

    £139,000

    Key Metrics

    Estimated valuation£140,363
    Value per sq ft / m²£217/sq ft (£2,339/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile40th percentile
    National percentile11th 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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