Apartment 6 Marconi House Melbourne Street

    APARTMENT 6 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in July 2024 for £108,000. Based on price growth in the NE1 district since then, its estimated current value is £110,547 — placing it in the 5th percentile nationally and the 17th percentile within NE1. The property covers 53 m² (570 sq ft), giving an estimated value of £2,086 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £108,000

    Jul 2024

    Estimated Valuation

    £110,547

    Est. £/sq ft

    £194/sq ft

    £2,086/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area570 sq ft (53 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Jul 2024

    £108,000

    3 Jul 2008

    £78,000

    12 May 2006

    £142,800

    26 May 2005

    New build

    £120,000

    Key Metrics

    Estimated valuation£110,547
    Value per sq ft / m²£194/sq ft (£2,086/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile17th percentile
    National percentile5th 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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