RIALTO APARTMENT 44 MELBOURNE STREET

£426,874

Full Address

RIALTO APARTMENT 44 MELBOURNE STREET
NEWCASTLE UPON TYNE
TYNE AND WEAR
UNITED KINGDOM
NE1 2JR

Estimated Market Value

£426,874

This estimated value is based upon the latest sale price for the house of £249,000 on 16 Jun 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1

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Transactions for this house
Price PaidDate
£249,00016 Jun 2006
House Details
Flats/Maisonettes
Leasehold
Floor Area: 90 sq meters or 968 sq feet

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.

When this house was purchased in June 2006 the House Price Index for TYNE AND WEAR was 85.6.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.436%.

Applying this 71.436% change to the original purchase price of £249,000 results in an estimated price of approximately £426,874.

16 Jun 2006 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
85.6 146.7 71.436 % £249,000 £177,874 £426,874

The Postcode Pricing Model uses changes in average sales price within the NE1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations

Change % Change £ Estimated Price
1 Month Average -38.671 % £-96,290 £152,709
3 Month Average 50.252 % £125,127 £374,127
6 Month Average 2.284 % £5,688 £254,688
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

This house has a floor area of 90 sq meters or 968 sq feet when measured on 19 Dec 2018.

The average size of a house on MELBOURNE STREET is 61 sq meters (665 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Mar 2024 Anti-social behaviour On or near Melbourne Street
Jan 2024 Anti-social behaviour On or near Melbourne Street
Jan 2024 Anti-social behaviour On or near Melbourne Street
Jan 2024 Anti-social behaviour On or near Melbourne Street
Dec 2023 Anti-social behaviour On or near Melbourne Street

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Companies Near Here
UNIFOOD SOLUTION LIMITED
Apartment 10 Melbourne Street Newcastle Upon Tyne Tyne And Wear United Kingdom NE1 2JR
LEISURE CORP LIMITED
10 MELBOURNE STREET NEWCASTLE UNITED KINGDOM NE1 2JR
LAYUG & LAING LTD
7 Rialto Melbourne Street Newcastle Upon Tyne Northumberland England NE1 2JR
SCAN SHIELD LTD
Apartment 23 Rialto Melbourne Street Newcastle Upon Tyne United Kingdom NE1 2JR
DEWHAND LIMITED
LUGANO BUILDING 57 MELBOURNE STREET NEWCASTLE UPON TYNE ENGLAND NE1 2JQ

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People Near Here
Od Industries Ltd Historic Information
Lugano Building Melbourne Street, NE1 2JQ
MR HOWARD BARRY GOLD SOLICITOR
LUGANO HOUSE 57-59 MELBOURNE STREET, NE1 2JQ
City Church Newcastle
The Castlegate Melbourne Street, NE1 2JQ
MR JAMES WALTON DIRECTOR
LUGANO BUILDINGS 57 MELBOURNE STREET, NE1 2JQ
KOK HO TAN
10 RIALTO, MELBOURNE STREET, NE1 2JR
MS HONG HONG ZHANG Historic Information CHEF
10 RIALTO, MELBOURNE STREET, NE1 2JR
Andrew George GARDENER Pastor
The Castlegate Melbourne Street, NE1 2JQ
MR STEVEN PARK Historic Information DIRECTOR
37 MARCONI HOUSE, MELBOURNE STREET, NE1 2JQ
JULIAN LAWFORD PRIOR Historic Information DIRECTOR ACTION FOUNDATION
THE CASTLEGATE MELBOURNE STREET, NE1 2JQ
Mr Nathan John Karl Wylie
34 Melbourne Street, NE1 2JR
MR Ronald Neil BUTLER Entrepreneur And Businessman
Lugano Building 57 Melbourne Street, NE1 2JQ
MR GILBERT CHARLES OKAI BUSINESS CONSULTANT
ACTION FOUNDATION MELBOURNE STREET, NE1 2JQ
MS Maedeh MESGARNEZHAD Health Advisor
The Castlegate Melbourne Street, NE1 2JQ
MISS AVRIL ROBINSON Historic Information CHIEF EXECUTIVE
THE CASTLEGATE MELBOURNE STREET, NE1 2JQ
Dr Amer Waheed Abdoh Al-Halabi
Lugano Building, 57 Melbourne Street , NE1 2JQ
Ben Zion Rabinowitz Historic Information
Lugano House 57-59 Melbourne Street, NE1 2JQ
MR PHILIP ROBERT DOBSON Historic Information CHARITY DIRECTOR
THE CASTLEGATE MELBOURNE STREET, NE1 2JQ
MR JAMES HEATH FARADAY SPEECH AND LANGAUGE THERAPIST
THE CASTLEGATE MELBOURNE STREET, NE1 2JQ
MR JOSEPH RABINOWITZ RABBI
LUGANO HOUSE 57-59 MELBOURNE STREET, NE1 2JQ
MR PETER MAIDEN Historic Information RETIRED
THE CASTLEGATE CENTRE MELBOURNE STREET, NE1 2JQ
PROFESSOR SIR JOHN BURN UNIVERSITY PROFESSOR
LUGANO BUILDING 57 MELBOURNE STREET, NE1 2JQ
Mr Kerry Dale Weathington
The Castlegate Melbourne Street, NE1 2JQ
MR HONG SOON LIM PASTOR
THE CASTLEGATE MELBOURNE STREET, NE1 2JQ
MR WILLIAM ANDREW COULSON ACCOUNTANT
THE CASTLEGATE CENTRE MELBOURNE STREET, NE1 2JQ
Mr Kane Rankin Historic Information
Lugano Building 57 Melbourne Street, NE1 2JQ
Mr Allan Rankin Historic Information
Lugano Building 57 Melbourne Street, NE1 2JQ
Od Industries Limited Historic Information
Lugano Buildings Melbourne Street, NE1 2JQ
MR SCOTT MUNRO PLANNER
LUGANO BUILDING MELBOURNE STREET, NE1 2JQ
MR JOHN REAY Historic Information DIRECTOR
LUGANO BUILDINGS 57 MELBOURNE STREET, NE1 2JQ
Mr Paul Hughes
Lugano Building 57 Melbourne Street, NE1 2JQ
MRS JOANNE MILLS
LUGANO BUILDING 57 MELBOURNE STREET, NE1 2JQ
MR DAVID LYALL IT MANAGER
CASTLEGATE ACTION FOUNDATION THE CASTLEGATE, MELBOURNE STREET, NE1 2JQ
Mr Cassius Mpame Historic Information
Apartment 48 Rialto Melbourne Street, NE1 2JR
MR Allan John HENDERSON Solicitor
JOANNE ROE Lugano Building Melbourne Street, NE1 2JQ
MRS MAUREEN LINDA LEDUNE Historic Information RETIRED
THE CASTLEGATE MELBOURNE STREET, NE1 2JQ
MR Stephen RANKIN Director
Lugano Building 57 Melboune St, NE1 2JQ
DR AMER HALABI DIRECTOR
LUGANO BUILDING 57 MELBOURNE ST, NE1 2JQ
Mr Kokho Tan
10 Melbourne Street, NE1 2JR
MR RICHARD JOHN ROBSON DEVELOPMENTS CO-ORDINATOR
LUGANO BUILDING 57 MELBOURNE STREET, NE1 2JQ
Miss Honghong Zhang
10 Melbourne Street, NE1 2JR
MR Nigel Grenville WILLIAMS Company Director
Lugano Building 57 Melbourne Street, NE1 2JQ
MRS Elaine Harrington WARBURTON OBE Company Director
Lugano Building 57 Melbourne Street, NE1 2JQ
MR Philip Mungall FOTHERGILL Operations Manager
The Castlegate Melbourne Street, NE1 2JQ
Mr Yu Wang
16 Rislto Melbourne Street, NE1 2JR
Cheuk Yin Lai
3 Rialto Melbourne Street, NE1 2JR

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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