23 Melvaig Close

    23, MELVAIG CLOSE, SUNDERLAND, SUNDERLAND, SR3 2QX

    This terraced leasehold property on Melvaig Close last sold in July 2007 for £92,000. Based on price growth in the SR3 district since then, its estimated current value is £105,502 — placing it in the 5th percentile nationally and the 21st percentile within SR3. The property covers 47 m² (506 sq ft), giving an estimated value of £2,245 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £92,000

    Jul 2007

    Estimated Valuation

    £105,502

    Est. £/sq ft

    £209/sq ft

    £2,245/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateAug 2021
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    26 Jul 2007

    £92,000

    Key Metrics

    Estimated valuation£105,502
    Value per sq ft / m²£209/sq ft (£2,245/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile21st percentile
    National percentile5th 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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