3 Melrose Terrace

    3, MELROSE TERRACE, BEDLINGTON, NE22 5UR

    This terraced freehold property on Melrose Terrace last sold in February 2015 for £85,000. Based on price growth in the NE22 district since then, its estimated current value is £96,009 — placing it in the 3rd percentile nationally and the 20th percentile within NE22. The property covers 106 m² (1,141 sq ft), giving an estimated value of £906 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £85,000

    Feb 2015

    Estimated Valuation

    £96,009

    Est. £/sq ft

    £84/sq ft

    £906/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateMay 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2015

    £85,000

    17 Oct 2008

    £90,000

    31 Jan 2003

    £55,000

    15 Oct 1999

    £34,950

    9 Oct 1997

    £7,000

    Key Metrics

    Estimated valuation£96,009
    Value per sq ft / m²£84/sq ft (£906/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE22 district percentile20th percentile
    National percentile3rd 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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