1 Melrose Terrace

    1, MELROSE TERRACE, NEWBIGGIN-BY-THE-SEA, NE64 6XN

    This terraced freehold property on Melrose Terrace last sold in February 2022 for £135,000. Based on price growth in the NE64 district since then, its estimated current value is £171,609 — placing it in the 17th percentile nationally and the 71st percentile within NE64. The property covers 95 m² (1,023 sq ft), giving an estimated value of £1,806 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    95 m²

    (1,023 sq ft)

    Last Sale Price

    £135,000

    Feb 2022

    Estimated Valuation

    £171,609

    Est. £/m²

    £1,806/m²

    £168/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area95 m² (1,023 sq ft)
    EPC dateSept 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Feb 2022

    £135,000

    1 Feb 2019

    £87,000

    4 Apr 2008

    £90,000

    20 May 2003

    £18,000

    Key Metrics

    Estimated valuation£171,609
    Value per m² / sq ft£1,806/m² (£168/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile71st percentile
    National percentile17th percentile

    District Context — NE64

    NE64 covers Whitley Bay and surrounding areas along the North Tyneside coast, north of Newcastle. It is a long-established seaside residential district with a mix of family homes and retirement properties.

    Average Property Price - NE64

    £152,873

    3

    National percentile

    Average Net Household Income - NE64

    £30,116

    8

    National percentile

    10-Year Annualised Price Growth - NE64

    6.1%

    97

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE64

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