78 Melville Grove

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

    This semi-detached freehold property on Melville Grove last sold in November 2014 for £258,000. Based on price growth in the NE7 district since then, its estimated current value is £378,446 — placing it in the 64th percentile nationally and the 84th percentile within NE7. The property covers 164 m² (1,765 sq ft), giving an estimated value of £2,308 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,765 sq ft

    164 m²

    Last Sale Price

    £258,000

    Nov 2014

    Estimated Valuation

    £378,446

    Est. £/sq ft

    £214/sq ft

    £2,308/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,765 sq ft (164 m²)
    EPC dateMay 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2014

    £258,000

    Key Metrics

    Estimated valuation£378,446
    Value per sq ft / m²£214/sq ft (£2,308/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile84th percentile
    National percentile64th 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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