50 Melrose Avenue

    50, MELROSE AVENUE, BEDLINGTON, NE22 5LL

    This terraced freehold property on Melrose Avenue last sold in February 2017 for £79,000. Based on price growth in the NE22 district since then, its estimated current value is £106,610 — placing it in the 5th percentile nationally and the 25th percentile within NE22. The property covers 62 m² (667 sq ft), giving an estimated value of £1,720 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £79,000

    Feb 2017

    Estimated Valuation

    £106,610

    Est. £/sq ft

    £160/sq ft

    £1,720/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateOct 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2017

    £79,000

    Key Metrics

    Estimated valuation£106,610
    Value per sq ft / m²£160/sq ft (£1,720/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE22 district percentile25th percentile
    National percentile5th percentile

    District Context — NE22

    NE22 covers Hexham and surrounding areas in Northumberland, situated in the north-east of England. It is a predominantly rural district with strong community heritage and access to both countryside and market town amenities.

    Average Property Price - NE22

    £185,781

    9

    National percentile

    Average Net Household Income - NE22

    £31,455

    12

    National percentile

    10-Year Annualised Price Growth - NE22

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE22

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