8 Melvaig Close

    8, MELVAIG CLOSE, SUNDERLAND, SR3 2QX

    This semi-detached leasehold property on Melvaig Close last sold in August 2023 for £215,000. Based on price growth in the SR3 district since then, its estimated current value is £216,438 — placing it in the 29th percentile nationally and the 66th percentile within SR3. The property covers 98 m² (1,055 sq ft), giving an estimated value of £2,209 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £215,000

    Aug 2023

    Estimated Valuation

    £216,438

    Est. £/sq ft

    £205/sq ft

    £2,209/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateMay 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2023

    £215,000

    7 Jan 2000

    £57,500

    Key Metrics

    Estimated valuation£216,438
    Value per sq ft / m²£205/sq ft (£2,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile66th percentile
    National percentile29th 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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