31 Melmerby Close

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

    This detached freehold property on Melmerby Close last sold in September 2013 for £360,000. Based on price growth in the NE3 district since then, its estimated current value is £498,653 — placing it in the 79th percentile nationally and the 85th percentile within NE3. The property covers 106 m² (1,141 sq ft), giving an estimated value of £4,704 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £360,000

    Sept 2013

    Estimated Valuation

    £498,653

    Est. £/sq ft

    £437/sq ft

    £4,704/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateJan 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Sept 2013

    £360,000

    29 May 2009

    £360,000

    19 Sept 1997

    £149,950

    Key Metrics

    Estimated valuation£498,653
    Value per sq ft / m²£437/sq ft (£4,704/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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