50 Melville Grove

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

    This terraced freehold property on Melville Grove last sold in October 2023 for £265,000. Based on price growth in the NE7 district since then, its estimated current value is £264,507 — placing it in the 41st percentile nationally and the 48th percentile within NE7. The property covers 91 m² (980 sq ft), giving an estimated value of £2,907 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £265,000

    Oct 2023

    Estimated Valuation

    £264,507

    Est. £/sq ft

    £270/sq ft

    £2,907/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateAug 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2023

    £265,000

    24 Oct 2003

    £166,500

    Key Metrics

    Estimated valuation£264,507
    Value per sq ft / m²£270/sq ft (£2,907/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile48th percentile
    National percentile41st 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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