7 Meldon Close

    7, MELDON CLOSE, WASHINGTON, NE38 8FL

    This detached freehold property on Meldon Close last sold in February 2020 for £235,000. Based on price growth in the NE38 district since then, its estimated current value is £266,809 — placing it in the 42nd percentile nationally and the 78th percentile within NE38. The property covers 113 m² (1,216 sq ft), giving an estimated value of £2,361 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    113 m²

    (1,216 sq ft)

    Last Sale Price

    £235,000

    Feb 2020

    Estimated Valuation

    £266,809

    Est. £/m²

    £2,361/m²

    £219/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area113 m² (1,216 sq ft)
    EPC dateMar 2014
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Feb 2020

    £235,000

    17 Jan 2014

    New build

    £211,995

    Key Metrics

    Estimated valuation£266,809
    Value per m² / sq ft£2,361/m² (£219/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile78th percentile
    National percentile42nd 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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