61 Melrose Gardens

    61, MELROSE GARDENS, WALLSEND, NE28 0HL

    This terraced freehold property on Melrose Gardens last sold in September 2011 for £74,000. Based on price growth in the NE28 district since then, its estimated current value is £112,521 — placing it in the 6th percentile nationally and the 29th percentile within NE28. The property covers 89 m² (958 sq ft), giving an estimated value of £1,264 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £74,000

    Sept 2011

    Estimated Valuation

    £112,521

    Est. £/sq ft

    £117/sq ft

    £1,264/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateNov 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Sept 2011

    £74,000

    Key Metrics

    Estimated valuation£112,521
    Value per sq ft / m²£117/sq ft (£1,264/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile29th percentile
    National percentile6th percentile

    District Context — NE28

    NE28 covers Tynemouth and surrounding areas on the North Tyne coast, northeast of Newcastle. It is a established residential district with a mix of suburban and coastal communities.

    Average Property Price - NE28

    £172,636

    7

    National percentile

    Average Net Household Income - NE28

    £31,921

    13

    National percentile

    10-Year Annualised Price Growth - NE28

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE28

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