54 Melville Grove

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

    This terraced freehold property on Melville Grove last sold in February 2010 for £226,500. Based on price growth in the NE7 district since then, its estimated current value is £331,972 — placing it in the 56th percentile nationally and the 72nd percentile within NE7. The property covers 91 m² (980 sq ft), giving an estimated value of £3,648 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

    £226,500

    Feb 2010

    Estimated Valuation

    £331,972

    Est. £/sq ft

    £339/sq ft

    £3,648/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

    19 Feb 2010

    £226,500

    27 Jun 2002

    £136,000

    Key Metrics

    Estimated valuation£331,972
    Value per sq ft / m²£339/sq ft (£3,648/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile72nd percentile
    National percentile56th 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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