22 Melrose Avenue

    22, MELROSE AVENUE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0JD

    This terraced freehold property on Melrose Avenue last sold in May 2018 for £120,000. Based on price growth in the NE27 district since then, its estimated current value is £155,532 — placing it in the 14th percentile nationally and the 26th percentile within NE27.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    Last Sale Price

    £120,000

    May 2018

    Estimated Valuation

    £155,532

    Est. £/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formNot available
    Construction ageNot available
    Habitable roomsNot available
    Main fuelNot available
    EPC currentNot available
    EPC potentialNot available
    Floor areaNot available
    EPC dateNot available
    WallsNot available
    HeatingNot available

    Transaction History

    25 May 2018

    £120,000

    28 Mar 2017

    £112,000

    6 Apr 2005

    £128,000

    2 Jul 2003

    £89,950

    6 Nov 2002

    £75,000

    12 Jan 2001

    £15,000

    Key Metrics

    Estimated valuation£155,532
    Value per sq ft / m²Not available
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE27 district percentile26th percentile
    National percentile14th percentile

    District Context — NE27

    NE27 covers Whitley Bay and surrounding neighbourhoods in North Tyneside, on the north-east coast. It is a residential coastal community with strong family appeal and established suburban character.

    Average Property Price - NE27

    £239,735

    25

    National percentile

    Average Net Household Income - NE27

    £38,646

    52

    National percentile

    10-Year Annualised Price Growth - NE27

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE27

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