40 Melrose Avenue

    40, MELROSE AVENUE, NEWCASTLE, ST5 3PE

    This semi-detached freehold property on Melrose Avenue last sold in January 2014 for £277,500. Based on price growth in the ST5 district since then, its estimated current value is £439,814 — placing it in the 73rd percentile nationally and the 94th percentile within ST5. The property covers 183 m² (1,970 sq ft), giving an estimated value of £2,403 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,970 sq ft

    183 m²

    Last Sale Price

    £277,500

    Jan 2014

    Estimated Valuation

    £439,814

    Est. £/sq ft

    £223/sq ft

    £2,403/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,970 sq ft (183 m²)
    EPC dateAug 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas, Electric underfloor heating

    Transaction History

    24 Jan 2014

    £277,500

    15 Jan 2010

    £225,000

    Key Metrics

    Estimated valuation£439,814
    Value per sq ft / m²£223/sq ft (£2,403/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ST5 district percentile94th percentile
    National percentile73rd percentile

    District Context — ST5

    ST5 covers Stoke-on-Trent and surrounding areas in Staffordshire, situated in the West Midlands region. It is a mixed urban and suburban area with a diverse population and strong links to the region's industrial heritage.

    Average Property Price - ST5

    £222,020

    18

    National percentile

    Average Net Household Income - ST5

    £34,048

    26

    National percentile

    10-Year Annualised Price Growth - ST5

    3.7%

    57

    National percentile

    10-Year Annualised Rent Growth - ST

    4.1%

    59

    National percentile

    View full analysis for ST5

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