17 Melrose Avenue

    17, MELROSE AVENUE, GATESHEAD, NE9 5YD

    This terraced freehold property on Melrose Avenue last sold in October 2012 for £176,430. Based on price growth in the NE9 district since then, its estimated current value is £240,118 — placing it in the 35th percentile nationally and the 65th percentile within NE9. The property covers 84 m² (904 sq ft), giving an estimated value of £2,859 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £176,430

    Oct 2012

    Estimated Valuation

    £240,118

    Est. £/sq ft

    £266/sq ft

    £2,859/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateAug 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Oct 2012

    £176,430

    5 Jan 1996

    £51,700

    Key Metrics

    Estimated valuation£240,118
    Value per sq ft / m²£266/sq ft (£2,859/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile65th percentile
    National percentile35th 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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