16 Melgarve Drive

    16, MELGARVE DRIVE, SUNDERLAND, SUNDERLAND, SR3 2QS

    This semi-detached leasehold property on Melgarve Drive last sold in March 2008 for £132,500. Based on price growth in the SR3 district since then, its estimated current value is £184,805 — placing it in the 21st percentile nationally and the 54th percentile within SR3. The property covers 53 m² (570 sq ft), giving an estimated value of £3,487 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £132,500

    Mar 2008

    Estimated Valuation

    £184,805

    Est. £/sq ft

    £324/sq ft

    £3,487/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Mar 2008

    £132,500

    Key Metrics

    Estimated valuation£184,805
    Value per sq ft / m²£324/sq ft (£3,487/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile54th percentile
    National percentile21st percentile

    District Context — SR3

    SR3 covers areas in South Tyneside in the North East of England. It is a working-class community with a significant older population and high reliance on social housing.

    Average Property Price - SR3

    £194,126

    10

    National percentile

    Average Net Household Income - SR3

    £33,269

    21

    National percentile

    10-Year Annualised Price Growth - SR3

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - SR

    2.9%

    5

    National percentile

    View full analysis for SR3

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