10 Melrose Avenue

    10, MELROSE AVENUE, GATESHEAD, NE9 5YD

    This terraced freehold property on Melrose Avenue last sold in September 2022 for £305,000. Based on price growth in the NE9 district since then, its estimated current value is £301,217 — placing it in the 49th percentile nationally and the 80th percentile within NE9. The property covers 112 m² (1,206 sq ft), giving an estimated value of £2,689 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £305,000

    Sept 2022

    Estimated Valuation

    £301,217

    Est. £/sq ft

    £250/sq ft

    £2,689/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,206 sq ft (112 m²)
    EPC dateSept 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2022

    £305,000

    18 Dec 2015

    £249,000

    16 Oct 2002

    £133,000

    Key Metrics

    Estimated valuation£301,217
    Value per sq ft / m²£250/sq ft (£2,689/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile80th percentile
    National percentile49th percentile

    District Context — NE9

    NE9 covers Gateshead and surrounding areas in Tyne and Wear, south of the River Tyne. It is a mixed residential district with a blend of urban and suburban character, offering good transport links and community amenities.

    Average Property Price - NE9

    £217,116

    17

    National percentile

    Average Net Household Income - NE9

    £34,891

    31

    National percentile

    10-Year Annualised Price Growth - NE9

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE9

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