16 Melrose Avenue

    16, MELROSE AVENUE, WHITLEY BAY, NE25 8BA

    This terraced freehold property on Melrose Avenue last sold in February 2015 for £219,000. Based on price growth in the NE25 district since then, its estimated current value is £348,983 — placing it in the 59th percentile nationally and the 70th percentile within NE25. The property covers 120 m² (1,292 sq ft), giving an estimated value of £2,908 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £219,000

    Feb 2015

    Estimated Valuation

    £348,983

    Est. £/sq ft

    £270/sq ft

    £2,908/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,292 sq ft (120 m²)
    EPC dateAug 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2015

    £219,000

    17 Mar 1997

    £58,500

    Key Metrics

    Estimated valuation£348,983
    Value per sq ft / m²£270/sq ft (£2,908/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile70th percentile
    National percentile59th percentile

    District Context — NE25

    NE25 covers parts of North Tyneside, including areas around Whitley Bay and the surrounding coastal and suburban neighbourhoods in the north-east of the region. It is a mature, owner-occupied community with a notably older demographic profile and strong professional employment base.

    Average Property Price - NE25

    £288,988

    39

    National percentile

    Average Net Household Income - NE25

    £39,026

    54

    National percentile

    10-Year Annualised Price Growth - NE25

    3.6%

    53

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE25

    More properties in NE25

    Streets in NE25

    Explore nearby