1 Melrose Terrace

    1, MELROSE TERRACE, BEDLINGTON, NE22 5UR

    This terraced freehold property on Melrose Terrace last sold in October 2023 for £100,000. Based on price growth in the NE22 district since then, its estimated current value is £108,003 — placing it in the 5th percentile nationally and the 26th percentile within NE22. The property covers 75 m² (807 sq ft), giving an estimated value of £1,440 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £100,000

    Oct 2023

    Estimated Valuation

    £108,003

    Est. £/sq ft

    £134/sq ft

    £1,440/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area807 sq ft (75 m²)
    EPC dateAug 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Oct 2023

    £100,000

    16 Apr 2021

    £75,000

    25 Jul 2016

    £75,500

    27 Mar 2007

    £96,000

    11 Oct 2002

    £26,000

    Key Metrics

    Estimated valuation£108,003
    Value per sq ft / m²£134/sq ft (£1,440/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE22 district percentile26th 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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