32 Melrose Terrace

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

    This terraced freehold property on Melrose Terrace last sold in November 2017 for £92,500. Based on price growth in the NE64 district since then, its estimated current value is £170,373 — placing it in the 17th percentile nationally and the 71st percentile within NE64. The property covers 116 m² (1,249 sq ft), giving an estimated value of £1,469 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    116 m²

    (1,249 sq ft)

    Last Sale Price

    £92,500

    Nov 2017

    Estimated Valuation

    £170,373

    Est. £/m²

    £1,469/m²

    £136/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area116 m² (1,249 sq ft)
    EPC dateMay 2017
    WallsCavity wall, filled cavity and external insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Nov 2017

    £92,500

    17 Aug 2001

    £28,500

    Key Metrics

    Estimated valuation£170,373
    Value per m² / sq ft£1,469/m² (£136/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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