Melrose Biddick Lane

    MELROSE, BIDDICK LANE, WASHINGTON, NE38 8AB

    This detached freehold property on Biddick Lane last sold in April 2019 for £480,000. Based on price growth in the NE38 district since then, its estimated current value is £581,199 — placing it in the 85th percentile nationally and the 98th percentile within NE38. The property covers 189 m² (2,034 sq ft), giving an estimated value of £3,075 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    189 m²

    (2,034 sq ft)

    Last Sale Price

    £480,000

    Apr 2019

    Estimated Valuation

    £581,199

    Est. £/m²

    £3,075/m²

    £286/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area189 m² (2,034 sq ft)
    EPC dateMay 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Apr 2019

    £480,000

    20 Oct 2000

    £225,000

    20 Oct 1995

    £152,500

    Key Metrics

    Estimated valuation£581,199
    Value per m² / sq ft£3,075/m² (£286/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile98th percentile
    National percentile85th 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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