5 Meldon Close

    5, MELDON CLOSE, WASHINGTON, NE38 8FL

    This semi-detached freehold property on Meldon Close last sold in February 2014 for £161,995. Based on price growth in the NE38 district since then, its estimated current value is £198,439 — placing it in the 24th percentile nationally and the 58th percentile within NE38. The property covers 93 m² (1,001 sq ft), giving an estimated value of £2,134 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    93 m²

    (1,001 sq ft)

    Last Sale Price

    £161,995

    Feb 2014

    Estimated Valuation

    £198,439

    Est. £/m²

    £2,134/m²

    £198/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area93 m² (1,001 sq ft)
    EPC dateMay 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2014

    New build

    £161,995

    Key Metrics

    Estimated valuation£198,439
    Value per m² / sq ft£2,134/m² (£198/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile58th percentile
    National percentile24th 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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