Flat B, 5
Flat B, 5
Description & Estimates
The public record describes Flat B, 5, Meldon Terrace, Newcastle Upon Tyne as a modern apartment with 893 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat B, 5, Meldon Terrace, Newcastle Upon Tyne has an estimated sale value of £161,971 and an estimated rental value of £1,188 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Meldon Terrace, Newcastle Upon Tyne, NE6.
Meldon Terrace, Newcastle Upon Tyne, NE6 lies in the borough of Newcastle upon Tyne, within the NE6 postal district.
Our Data Sources
Flat B, 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
In very good condition, we estimate Flat B, 5, Meldon Terrace, Newcastle Upon Tyne would be worth £170,069, with a potential rental value of £1,247 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £150,633, with a rental value of £1,104 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat B, 5, Meldon Terrace, Newcastle Upon Tyne has moved up by £636 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (3.0%). The property's estimated gross yield is currently 8.8%.
Energy Efficiency
Flat B, 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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat B, 5, Meldon Terrace, Newcastle Upon Tyne across the last 2 years.
Most recently, 6, King John Terrace, Newcastle Upon Tyne, NE6 5XY, a leasehold flat, sold at £167,500 on the 10th October 2024.
Read more about house prices in NE6.
- Sold Oct 2024£167,500 | 3 Bed FlatKing John Terrace6, King John Terrace, Newcastle Upon Tyne, NE6 5XY
- Sold Jul 2024£190,000 | 3 Bed FlatBalmoral Terrace25, Balmoral Terrace, Newcastle Upon Tyne, NE6 5YA
- Sold Sep 2023£170,250 | 3 Bed FlatMeldon Terrace40, Meldon Terrace, Newcastle Upon Tyne, NE6 5XP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat B, 5, Meldon Terrace, Newcastle Upon Tyne as the 90th largest and the 89th most expensive of the 129 addresses on Meldon Terrace, Newcastle Upon Tyne, NE6.
Against the NE6 postcode district average, it is £21k less expensive than the typical property.
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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
Manors station is the nearest stop to Flat B, 5, Meldon Terrace, Newcastle Upon Tyne at 2.0 kilometres away.
- 2.0kmManors
- 3.0kmNewcastle
- 4.0kmHeworth
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
