48 Melville Grove

    48, MELVILLE GROVE, NEWCASTLE UPON TYNE, NE7 7AR

    This semi-detached freehold property on Melville Grove last sold in September 2022 for £410,000. Based on price growth in the NE7 district since then, its estimated current value is £454,534 — placing it in the 74th percentile nationally and the 92nd percentile within NE7. The property covers 115 m² (1,238 sq ft), giving an estimated value of £3,952 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £410,000

    Sept 2022

    Estimated Valuation

    £454,534

    Est. £/sq ft

    £367/sq ft

    £3,952/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,238 sq ft (115 m²)
    EPC dateJun 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Sept 2022

    £410,000

    30 Jan 1998

    £75,000

    Key Metrics

    Estimated valuation£454,534
    Value per sq ft / m²£367/sq ft (£3,952/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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