24 Melrose Terrace

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

    This terraced freehold property on Melrose Terrace last sold in September 2003 for £59,950. Based on price growth in the NE64 district since then, its estimated current value is £177,463 — placing it in the 19th percentile nationally and the 73rd percentile within NE64. The property covers 87 m² (936 sq ft), giving an estimated value of £2,040 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    87 m²

    (936 sq ft)

    Last Sale Price

    £59,950

    Sept 2003

    Estimated Valuation

    £177,463

    Est. £/m²

    £2,040/m²

    £190/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area87 m² (936 sq ft)
    EPC dateJun 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2003

    £59,950

    Key Metrics

    Estimated valuation£177,463
    Value per m² / sq ft£2,040/m² (£190/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile73rd percentile
    National percentile19th 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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