3 Melrose Terrace

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

    This terraced freehold property on Melrose Terrace last sold in January 2016 for £72,000. Based on price growth in the NE64 district since then, its estimated current value is £151,556 — placing it in the 13th percentile nationally and the 62nd percentile within NE64. The property covers 88 m² (947 sq ft), giving an estimated value of £1,722 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £72,000

    Jan 2016

    Estimated Valuation

    £151,556

    Est. £/m²

    £1,722/m²

    £160/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area88 m² (947 sq ft)
    EPC dateNov 2025
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jan 2016

    £72,000

    27 May 2011

    £67,500

    Key Metrics

    Estimated valuation£151,556
    Value per m² / sq ft£1,722/m² (£160/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile62nd percentile
    National percentile13th 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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