38 Melville Grove

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

    This terraced freehold property on Melville Grove last sold in July 2005 for £275,000. Based on price growth in the NE7 district since then, its estimated current value is £435,384 — placing it in the 72nd percentile nationally and the 91st percentile within NE7. The property covers 106 m² (1,141 sq ft), giving an estimated value of £4,107 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £275,000

    Jul 2005

    Estimated Valuation

    £435,384

    Est. £/sq ft

    £382/sq ft

    £4,107/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jul 2005

    £275,000

    1 Mar 2002

    £160,000

    Key Metrics

    Estimated valuation£435,384
    Value per sq ft / m²£382/sq ft (£4,107/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile91st percentile
    National percentile72nd 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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