40 Melville Avenue

    40, MELVILLE AVENUE, BLYTH, NE24 3SU

    This semi-detached freehold property on Melville Avenue last sold in October 2014 for £187,000. Based on price growth in the NE24 district since then, its estimated current value is £265,306 — placing it in the 41st percentile nationally and the 86th percentile within NE24. The property covers 129 m² (1,389 sq ft), giving an estimated value of £2,057 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £187,000

    Oct 2014

    Estimated Valuation

    £265,306

    Est. £/sq ft

    £191/sq ft

    £2,057/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageI
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,389 sq ft (129 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2014

    £187,000

    7 Apr 2006

    £182,950

    24 Nov 2000

    New build

    £85,000

    Key Metrics

    Estimated valuation£265,306
    Value per sq ft / m²£191/sq ft (£2,057/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE24 district percentile86th percentile
    National percentile41st percentile

    District Context — NE24

    NE24 covers parts of north-east England, situated in the Northumberland coastal region. It is a relatively affordable area with a mixed economy and strong community ties.

    Average Property Price - NE24

    £167,313

    5

    National percentile

    Average Net Household Income - NE24

    £32,470

    16

    National percentile

    10-Year Annualised Price Growth - NE24

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE24

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