23 Melrose

    23, MELROSE, WASHINGTON, NE38 7HD

    This detached freehold property on Melrose last sold in January 2017 for £212,800. Based on price growth in the NE38 district since then, its estimated current value is £240,578 — placing it in the 35th percentile nationally and the 73rd percentile within NE38. The property covers 114 m² (1,227 sq ft), giving an estimated value of £2,110 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    114 m²

    (1,227 sq ft)

    Last Sale Price

    £212,800

    Jan 2017

    Estimated Valuation

    £240,578

    Est. £/m²

    £2,110/m²

    £196/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area114 m² (1,227 sq ft)
    EPC dateNov 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jan 2017

    £212,800

    30 Apr 1999

    £83,000

    6 Mar 1997

    £75,000

    Key Metrics

    Estimated valuation£240,578
    Value per m² / sq ft£2,110/m² (£196/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile73rd percentile
    National percentile35th percentile

    District Context — NE38

    NE38 covers Jarrow and surrounding areas in South Tyneside, on the south bank of the Tyne east of Gateshead. It is a historically industrial neighbourhood with a strong community character and increasingly popular with families and first-time buyers seeking affordable housing.

    Average Property Price - NE38

    £199,717

    12

    National percentile

    Average Net Household Income - NE38

    £36,616

    41

    National percentile

    10-Year Annualised Price Growth - NE38

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE38

    More properties in NE38

    Explore nearby