27 Melrose

    27, MELROSE, WASHINGTON, NE38 7HD

    This detached freehold property on Melrose last sold in September 2013 for £175,000. Based on price growth in the NE38 district since then, its estimated current value is £233,444 — placing it in the 33rd percentile nationally and the 71st percentile within NE38. The property covers 99 m² (1,066 sq ft), giving an estimated value of £2,358 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    99 m²

    (1,066 sq ft)

    Last Sale Price

    £175,000

    Sept 2013

    Estimated Valuation

    £233,444

    Est. £/m²

    £2,358/m²

    £219/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageE
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area99 m² (1,066 sq ft)
    EPC dateJan 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Sept 2013

    £175,000

    Key Metrics

    Estimated valuation£233,444
    Value per m² / sq ft£2,358/m² (£219/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile71st percentile
    National percentile33rd 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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