2 Melmerby Close

    2, MELMERBY CLOSE, NEWCASTLE UPON TYNE, NE3 5JA

    This detached freehold property on Melmerby Close last sold in June 2010 for £432,000. Based on price growth in the NE3 district since then, its estimated current value is £583,824 — placing it in the 85th percentile nationally and the 90th percentile within NE3. The property covers 183 m² (1,970 sq ft), giving an estimated value of £3,190 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,970 sq ft

    183 m²

    Last Sale Price

    £432,000

    Jun 2010

    Estimated Valuation

    £583,824

    Est. £/sq ft

    £296/sq ft

    £3,190/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,970 sq ft (183 m²)
    EPC dateJul 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jun 2010

    £432,000

    Key Metrics

    Estimated valuation£583,824
    Value per sq ft / m²£296/sq ft (£3,190/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile90th percentile
    National percentile85th percentile

    District Context — NE3

    NE3 covers suburbs and outlying areas in the northeast of Newcastle, extending into surrounding residential neighbourhoods. It is a relatively stable, family-oriented district with a mix of established housing stock and leafy character.

    Average Property Price - NE3

    £315,221

    47

    National percentile

    Average Net Household Income - NE3

    £42,222

    67

    National percentile

    10-Year Annualised Price Growth - NE3

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE3

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