4 Melmerby Close

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

    This detached freehold property on Melmerby Close last sold in December 2015 for £335,000. Based on price growth in the NE3 district since then, its estimated current value is £435,437 — placing it in the 72nd percentile nationally and the 78th percentile within NE3. The property covers 96 m² (1,033 sq ft), giving an estimated value of £4,536 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £335,000

    Dec 2015

    Estimated Valuation

    £435,437

    Est. £/sq ft

    £421/sq ft

    £4,536/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,033 sq ft (96 m²)
    EPC dateSept 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Dec 2015

    £335,000

    Key Metrics

    Estimated valuation£435,437
    Value per sq ft / m²£421/sq ft (£4,536/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile78th percentile
    National percentile72nd 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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