37 Melrose Avenue

    37, MELROSE AVENUE, WHITLEY BAY, NE25 8BA

    This detached freehold property on Melrose Avenue last sold in February 2023 for £273,600. Based on price growth in the NE25 district since then, its estimated current value is £282,510 — placing it in the 45th percentile nationally and the 50th percentile within NE25. The property covers 152 m² (1,636 sq ft), giving an estimated value of £1,859 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,636 sq ft

    152 m²

    Last Sale Price

    £273,600

    Feb 2023

    Estimated Valuation

    £282,510

    Est. £/sq ft

    £173/sq ft

    £1,859/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,636 sq ft (152 m²)
    EPC dateSept 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Feb 2023

    £273,600

    16 Jul 2004

    £175,000

    Key Metrics

    Estimated valuation£282,510
    Value per sq ft / m²£173/sq ft (£1,859/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile50th percentile
    National percentile45th 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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