2 Melrose Terrace

    2, MELROSE TERRACE, BEDLINGTON, NE22 5UR

    This terraced freehold property on Melrose Terrace last sold in July 2011 for £52,000. Based on price growth in the NE22 district since then, its estimated current value is £78,910 — placing it in the 2nd percentile nationally and the 14th percentile within NE22. The property covers 96 m² (1,033 sq ft), giving an estimated value of £822 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £52,000

    Jul 2011

    Estimated Valuation

    £78,910

    Est. £/sq ft

    £76/sq ft

    £822/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,033 sq ft (96 m²)
    EPC dateNov 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2011

    £52,000

    Key Metrics

    Estimated valuation£78,910
    Value per sq ft / m²£76/sq ft (£822/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE22 district percentile14th percentile
    National percentile2nd 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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