28 Meldon Close

    28, MELDON CLOSE, WASHINGTON, NE38 8FL

    This detached freehold property on Meldon Close last sold in March 2021 for £275,000. Based on price growth in the NE38 district since then, its estimated current value is £278,557 — placing it in the 44th percentile nationally and the 80th percentile within NE38. The property covers 125 m² (1,346 sq ft), giving an estimated value of £2,228 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    125 m²

    (1,346 sq ft)

    Last Sale Price

    £275,000

    Mar 2021

    Estimated Valuation

    £278,557

    Est. £/m²

    £2,228/m²

    £207/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area125 m² (1,346 sq ft)
    EPC dateOct 2014
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Mar 2021

    £275,000

    1 Jul 2016

    £265,000

    6 Jun 2014

    New build

    £249,995

    Key Metrics

    Estimated valuation£278,557
    Value per m² / sq ft£2,228/m² (£207/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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