Apartment 9 Marconi House Melbourne Street

    APARTMENT 9 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in November 2014 for £124,999. Based on price growth in the NE1 district since then, its estimated current value is £172,637 — placing it in the 18th percentile nationally and the 62nd percentile within NE1. The property covers 79 m² (850 sq ft), giving an estimated value of £2,185 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £124,999

    Nov 2014

    Estimated Valuation

    £172,637

    Est. £/sq ft

    £203/sq ft

    £2,185/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateAug 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    4 Nov 2014

    £124,999

    22 Nov 2013

    £120,000

    26 May 2005

    New build

    £219,000

    Key Metrics

    Estimated valuation£172,637
    Value per sq ft / m²£203/sq ft (£2,185/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile62nd percentile
    National percentile18th 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