Apartment 61 Marconi House Melbourne Street

    APARTMENT 61 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in April 2015 for £135,000. Based on price growth in the NE1 district since then, its estimated current value is £161,236 — placing it in the 15th percentile nationally and the 55th percentile within NE1. The property covers 62 m² (667 sq ft), giving an estimated value of £2,601 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £135,000

    Apr 2015

    Estimated Valuation

    £161,236

    Est. £/sq ft

    £242/sq ft

    £2,601/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateDec 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Apr 2015

    £135,000

    6 Jun 2005

    New build

    £205,500

    Key Metrics

    Estimated valuation£161,236
    Value per sq ft / m²£242/sq ft (£2,601/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile55th percentile
    National percentile15th 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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