37 Melmerby Close

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

    This detached freehold property on Melmerby Close last sold in March 2021 for £500,000. Based on price growth in the NE3 district since then, its estimated current value is £521,196 — placing it in the 81st percentile nationally and the 86th percentile within NE3. The property covers 202 m² (2,174 sq ft), giving an estimated value of £2,580 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,174 sq ft

    202 m²

    Last Sale Price

    £500,000

    Mar 2021

    Estimated Valuation

    £521,196

    Est. £/sq ft

    £240/sq ft

    £2,580/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,174 sq ft (202 m²)
    EPC dateFeb 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Mar 2021

    £500,000

    Key Metrics

    Estimated valuation£521,196
    Value per sq ft / m²£240/sq ft (£2,580/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile86th percentile
    National percentile81st 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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