26 Melrose

    26, MELROSE, WASHINGTON, NE38 7HD

    This detached freehold property on Melrose last sold in September 2022 for £260,000. Based on price growth in the NE38 district since then, its estimated current value is £279,163 — placing it in the 44th percentile nationally and the 80th percentile within NE38. The property covers 115 m² (1,238 sq ft), giving an estimated value of £2,428 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    115 m²

    (1,238 sq ft)

    Last Sale Price

    £260,000

    Sept 2022

    Estimated Valuation

    £279,163

    Est. £/m²

    £2,428/m²

    £226/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area115 m² (1,238 sq ft)
    EPC dateMar 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2022

    £260,000

    17 Oct 2012

    £184,950

    6 Aug 1999

    £82,000

    28 Oct 1996

    £72,000

    Key Metrics

    Estimated valuation£279,163
    Value per m² / sq ft£2,428/m² (£226/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile80th percentile
    National percentile44th 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

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