8 Melbury

    8, MELBURY, WHITLEY BAY, NE25 9XP

    This detached freehold property on Melbury last sold in November 2014 for £323,500. Based on price growth in the NE25 district since then, its estimated current value is £513,942 — placing it in the 80th percentile nationally and the 92nd percentile within NE25. The property covers 114 m² (1,227 sq ft), giving an estimated value of £4,508 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £323,500

    Nov 2014

    Estimated Valuation

    £513,942

    Est. £/sq ft

    £419/sq ft

    £4,508/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,227 sq ft (114 m²)
    EPC dateJun 2014
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2014

    £323,500

    Key Metrics

    Estimated valuation£513,942
    Value per sq ft / m²£419/sq ft (£4,508/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile92nd percentile
    National percentile80th 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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