7 Melrose Terrace

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

    This flat/maisonette leasehold property on Melrose Terrace last sold in June 2003 for £38,000. Based on price growth in the NE64 district since then, its estimated current value is £109,882 — placing it in the 5th percentile nationally and the 30th percentile within NE64. The property covers 63 m² (678 sq ft), giving an estimated value of £1,744 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    63 m²

    (678 sq ft)

    Last Sale Price

    £38,000

    Jun 2003

    Estimated Valuation

    £109,882

    Est. £/m²

    £1,744/m²

    £162/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area63 m² (678 sq ft)
    EPC dateJul 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jun 2003

    £38,000

    Key Metrics

    Estimated valuation£109,882
    Value per m² / sq ft£1,744/m² (£162/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile30th percentile
    National percentile5th 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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