12 Melrose Avenue

    12, MELROSE AVENUE, GATESHEAD, GATESHEAD, NE9 5YD

    This terraced freehold property on Melrose Avenue last sold in August 1995 for £56,500. Based on price growth in the NE9 district since then, its estimated current value is £234,012 — placing it in the 33rd percentile nationally and the 62nd percentile within NE9. The property covers 125 m² (1,346 sq ft), giving an estimated value of £1,872 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £56,500

    Aug 1995

    Estimated Valuation

    £234,012

    Est. £/sq ft

    £174/sq ft

    £1,872/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,346 sq ft (125 m²)
    EPC dateAug 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 1995

    £56,500

    Key Metrics

    Estimated valuation£234,012
    Value per sq ft / m²£174/sq ft (£1,872/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile62nd percentile
    National percentile33rd 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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