18 Melgarve Drive

    18, MELGARVE DRIVE, SUNDERLAND, SUNDERLAND, SR3 2QS

    This semi-detached leasehold property on Melgarve Drive last sold in October 2006 for £147,000. Based on price growth in the SR3 district since then, its estimated current value is £197,439 — placing it in the 24th percentile nationally and the 58th percentile within SR3. The property covers 53 m² (570 sq ft), giving an estimated value of £3,725 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

    £147,000

    Oct 2006

    Estimated Valuation

    £197,439

    Est. £/sq ft

    £346/sq ft

    £3,725/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 Oct 2006

    £147,000

    Key Metrics

    Estimated valuation£197,439
    Value per sq ft / m²£346/sq ft (£3,725/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile58th percentile
    National percentile24th 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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