25 Melrose Avenue

    25, MELROSE AVENUE, GATESHEAD, NE9 5YD

    This flat/maisonette leasehold property on Melrose Avenue last sold in December 2023 for £147,000. Based on price growth in the NE9 district since then, its estimated current value is £147,508 — placing it in the 12th percentile nationally and the 34th percentile within NE9. The property covers 61 m² (657 sq ft), giving an estimated value of £2,418 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £147,000

    Dec 2023

    Estimated Valuation

    £147,508

    Est. £/sq ft

    £225/sq ft

    £2,418/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateOct 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Dec 2023

    £147,000

    3 Dec 1999

    £41,000

    Key Metrics

    Estimated valuation£147,508
    Value per sq ft / m²£225/sq ft (£2,418/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile34th percentile
    National percentile12th 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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