7 Melrose

    7, MELROSE, WASHINGTON, NE38 7HD

    This detached freehold property on Melrose last sold in July 2015 for £175,000. Based on price growth in the NE38 district since then, its estimated current value is £224,371 — placing it in the 31st percentile nationally and the 68th percentile within NE38. The property covers 179 m² (1,927 sq ft), giving an estimated value of £1,253 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    179 m²

    (1,927 sq ft)

    Last Sale Price

    £175,000

    Jul 2015

    Estimated Valuation

    £224,371

    Est. £/m²

    £1,253/m²

    £116/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area179 m² (1,927 sq ft)
    EPC dateApr 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jul 2015

    £175,000

    5 Jul 2013

    £180,000

    20 Jun 2008

    £200,000

    Key Metrics

    Estimated valuation£224,371
    Value per m² / sq ft£1,253/m² (£116/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile68th percentile
    National percentile31st 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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