16 Melbourne Crescent

    16, MELBOURNE CRESCENT, WHITLEY BAY, NE25 8TG

    This terraced freehold property on Melbourne Crescent last sold in September 2024 for £341,500. Based on price growth in the NE25 district since then, its estimated current value is £346,411 — placing it in the 58th percentile nationally and the 70th percentile within NE25. The property covers 102 m² (1,098 sq ft), giving an estimated value of £3,396 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £341,500

    Sept 2024

    Estimated Valuation

    £346,411

    Est. £/sq ft

    £315/sq ft

    £3,396/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,098 sq ft (102 m²)
    EPC dateMay 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Sept 2024

    £341,500

    Key Metrics

    Estimated valuation£346,411
    Value per sq ft / m²£315/sq ft (£3,396/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile70th percentile
    National percentile58th 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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