9 Melrose Terrace

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

    This flat/maisonette leasehold property on Melrose Terrace last sold in October 2019 for £30,000. Based on price growth in the NE64 district since then, its estimated current value is £49,957 — placing it in the 0th percentile nationally and the 2nd percentile within NE64. The property covers 69 m² (743 sq ft), giving an estimated value of £724 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £30,000

    Oct 2019

    Estimated Valuation

    £49,957

    Est. £/m²

    £724/m²

    £67/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area69 m² (743 sq ft)
    EPC dateJul 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2019

    £30,000

    Key Metrics

    Estimated valuation£49,957
    Value per m² / sq ft£724/m² (£67/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile2nd percentile
    National percentile0th 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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