7 Melmerby Close

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

    This detached freehold property on Melmerby Close last sold in August 2017 for £412,000. Based on price growth in the NE3 district since then, its estimated current value is £509,710 — placing it in the 80th percentile nationally and the 86th percentile within NE3. The property covers 106 m² (1,141 sq ft), giving an estimated value of £4,809 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

    £412,000

    Aug 2017

    Estimated Valuation

    £509,710

    Est. £/sq ft

    £447/sq ft

    £4,809/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateSept 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Aug 2017

    £412,000

    4 Nov 2015

    £382,000

    Key Metrics

    Estimated valuation£509,710
    Value per sq ft / m²£447/sq ft (£4,809/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile86th percentile
    National percentile80th 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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