Danemead Melbury Road

    DANEMEAD, MELBURY ROAD, NEWCASTLE UPON TYNE, NE7 7DE

    This detached freehold property on Melbury Road last sold in March 2022 for £3,100,000. Based on price growth in the NE7 district since then, its estimated current value is £2,361,007 — placing it in the 99th percentile nationally and the 100th percentile within NE7. The property covers 569 m² (6,125 sq ft), giving an estimated value of £4,149 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    6,125 sq ft

    569 m²

    Last Sale Price

    £3,100,000

    Mar 2022

    Estimated Valuation

    £2,361,007

    Est. £/sq ft

    £385/sq ft

    £4,149/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area6,125 sq ft (569 m²)
    EPC dateNov 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2022

    £3,100,000

    29 Jan 2015

    £900,000

    Key Metrics

    Estimated valuation£2,361,007
    Value per sq ft / m²£385/sq ft (£4,149/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile100th percentile
    National percentile99th 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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