28 Melmerby Close

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

    This detached freehold property on Melmerby Close last sold in October 2014 for £380,000. Based on price growth in the NE3 district since then, its estimated current value is £506,455 — placing it in the 79th percentile nationally and the 85th percentile within NE3. The property covers 117 m² (1,259 sq ft), giving an estimated value of £4,329 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £380,000

    Oct 2014

    Estimated Valuation

    £506,455

    Est. £/sq ft

    £402/sq ft

    £4,329/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,259 sq ft (117 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 2014

    £380,000

    Key Metrics

    Estimated valuation£506,455
    Value per sq ft / m²£402/sq ft (£4,329/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile85th percentile
    National percentile79th 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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