21 Melrose Avenue

    21, MELROSE AVENUE, WHITLEY BAY, NE25 8BA

    This terraced freehold property on Melrose Avenue last sold in May 2023 for £355,000. Based on price growth in the NE25 district since then, its estimated current value is £404,986 — placing it in the 68th percentile nationally and the 81st percentile within NE25. The property covers 146 m² (1,572 sq ft), giving an estimated value of £2,774 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,572 sq ft

    146 m²

    Last Sale Price

    £355,000

    May 2023

    Estimated Valuation

    £404,986

    Est. £/sq ft

    £258/sq ft

    £2,774/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,572 sq ft (146 m²)
    EPC dateFeb 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2023

    £355,000

    27 Oct 2006

    £214,500

    2 Oct 2000

    £90,000

    Key Metrics

    Estimated valuation£404,986
    Value per sq ft / m²£258/sq ft (£2,774/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile81st percentile
    National percentile68th 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

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