2 Melville Grove

    2, MELVILLE GROVE, NEWCASTLE UPON TYNE, NE7 7AQ

    This semi-detached freehold property on Melville Grove last sold in November 2017 for £330,000. Based on price growth in the NE7 district since then, its estimated current value is £451,956 — placing it in the 74th percentile nationally and the 92nd percentile within NE7. The property covers 201 m² (2,164 sq ft), giving an estimated value of £2,249 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,164 sq ft

    201 m²

    Last Sale Price

    £330,000

    Nov 2017

    Estimated Valuation

    £451,956

    Est. £/sq ft

    £209/sq ft

    £2,249/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,164 sq ft (201 m²)
    EPC dateApr 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Nov 2017

    £330,000

    Key Metrics

    Estimated valuation£451,956
    Value per sq ft / m²£209/sq ft (£2,249/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile92nd percentile
    National percentile74th percentile

    District Context — NE7

    NE7 covers central Newcastle and surrounding neighbourhoods in the northeast of the city. It is a mixed residential and urban area with strong professional employment and established community appeal.

    Average Property Price - NE7

    £268,320

    33

    National percentile

    Average Net Household Income - NE7

    £43,944

    73

    National percentile

    10-Year Annualised Price Growth - NE7

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE7

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