29 Melrose Avenue, Gateshead, NE9 5YD is a leasehold flat built between 1930-1949. The property offers approximately 657 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £113,937 , which equates to approximately £174 per square foot. It was last sold on 4 Aug 2017 for £101,000. Since then, the value has increased by £12,937, representing a 12.8% increase, or approximately 1.5% per year.

The current estimated value of £113,937 is:

  • 48.3% lower than the average property price on Melrose Avenue
  • 48.7% lower than the average in the NE9 5YD postcode area
  • and 33.8% lower than the average price for Gateshead as a whole

View sold house prices in NE9 5YD

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£113,937
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
2 bedrooms

EPC Summary

29 Melrose Avenue, Gateshead, Tyne And Wear, NE9 5YD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Mar 2017.

This property uses electric storage heaters as its main heating source. A gas multipoint water heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Gas multipoint
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to NE9 5YD

33 rd / 34
Price Rank
49% lower than average
15 th / 22
Size Rank
31% smaller than average
21 st / 22
Price Per Sq FT Rank
26% lower than average

Compared to other properties in NE9 5YD , this flat's estimated value ranks 33th out of 34. Based on price per square foot, it ranks 21th out of 22 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 15th out of 22 properties in its postcode area.

Sale History

Today
£113,937
streetscan.co.uk estimate
+13 %
4 Aug 2017
£101,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 657 sq ft
sale price: £147,000
sale date: 8 Dec 2023
rooms: 3
size: 646 sq ft
sale price: £126,000
sale date: 3 Aug 2022
rooms: 3
size: 614 sq ft
sale price: £135,000
sale date: 31 Mar 2022
rooms: 3
size: 635 sq ft
sale price: £128,000
sale date: 6 Sep 2013
rooms: 4
size: 592 sq ft
sale price: £137,500
sale date: 13 Jul 2007

Data Sources

The property at 29 Melrose Avenue, Gateshead, Tyne And Wear, NE9 5YD appears once in the Land Registry records, with the transaction recorded on 4 Aug 2017. It also has a single Energy Performance Certificate (EPC) from 30 Mar 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.