8 Melgarve Drive

    8, MELGARVE DRIVE, SUNDERLAND, SR3 2QS

    This semi-detached leasehold property on Melgarve Drive last sold in February 2023 for £190,000. Based on price growth in the SR3 district since then, its estimated current value is £191,271 — placing it in the 22nd percentile nationally and the 56th percentile within SR3. The property covers 66 m² (710 sq ft), giving an estimated value of £2,898 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £190,000

    Feb 2023

    Estimated Valuation

    £191,271

    Est. £/sq ft

    £269/sq ft

    £2,898/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateDec 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2023

    £190,000

    Key Metrics

    Estimated valuation£191,271
    Value per sq ft / m²£269/sq ft (£2,898/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile56th percentile
    National percentile22nd 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

    More properties in SR3

    Streets in SR3

    Explore nearby