5 Melrose Terrace

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

    This terraced freehold property on Melrose Terrace last sold in March 2013 for £85,000. Based on price growth in the NE64 district since then, its estimated current value is £153,820 — placing it in the 13th percentile nationally and the 63rd percentile within NE64. The property covers 95 m² (1,023 sq ft), giving an estimated value of £1,619 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

    £85,000

    Mar 2013

    Estimated Valuation

    £153,820

    Est. £/m²

    £1,619/m²

    £150/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 Mar 2013

    £85,000

    21 Mar 2007

    £97,500

    30 Nov 2000

    £15,250

    Key Metrics

    Estimated valuation£153,820
    Value per m² / sq ft£1,619/m² (£150/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile63rd 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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