Flat A, 5
Flat A, 5
Description & Estimates
Flat A, 5, Meldon Terrace, Newcastle Upon Tyne is described in the public record as a modern apartment with 1,022 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat A, 5, Meldon Terrace, Newcastle Upon Tyne is £172,280 and its rental estimate is £1,214 per month, given the available information and assuming reasonable condition.
5, Meldon Terrace is a residential building on Meldon Terrace, Newcastle Upon Tyne, NE6 and falls within the NE6 postal district and the borough of Newcastle upon Tyne.
Our Data Sources
Flat A, 5, Meldon Terrace, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat A, 5, Meldon Terrace, Newcastle Upon Tyne, we estimate a market value of £180,894 and a rental value of £1,275 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £160,221 and £1,129 per month respectively.
Recent Market Change
Over the last year, Flat A, 5, Meldon Terrace, Newcastle Upon Tyne has seen its estimated sale value climb by £677 (0.4%) and its estimated rental value rise by £36 per month (3.0%). This results in an estimated gross rental yield of 8.5%.
Energy Efficiency
Flat A, 5, Meldon Terrace, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat A, 5, Meldon Terrace, Newcastle Upon Tyne have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2024, was 25, Balmoral Terrace, Newcastle Upon Tyne, NE6 5YA, a leasehold flat which sold for £190,000.
Read more about house prices in NE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 129 addresses on Meldon Terrace, Newcastle Upon Tyne, NE6, Flat A, 5, Meldon Terrace, Newcastle Upon Tyne comes out as the 85th largest and the 85th most expensive in our analysis of the public data.
It is also £11k less expensive than the average property across the NE6 district.
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Schools Nearby
- 100mSt Teresa's Catholic Primary School, Heaton
- 200mChillingham Road Primary School
- 800mRavenswood Primary School
- 1.2kmJesmond Park Academy
- 1.5kmBenfield School
- 2.3kmWalker Riverside Academy
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Public Transport Nearby
From Flat A, 5, Meldon Terrace, Newcastle Upon Tyne, the nearest station is Manors, 2.0 kilometres away.
- 2.0kmManors
- 3.0kmNewcastle
- 4.0kmHeworth
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
