Melrose Avenue - NE9 5YD
Key Street Insights
Melrose Avenue is a residential street with 38 addresses.
It ranks as the 832nd largest and 1012th most expensive of the 1,126 streets in the NE9 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 38 properties: 23 houses and 15 flats.
- Ave. Sale Price
- £232,816
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,197pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Street Insights
Melrose Avenue is a residential street with 38 addresses.
It ranks as the 832nd largest and 1012th most expensive of the 1,126 streets in the NE9 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 38 properties: 23 houses and 15 flats.
- Ave. Sale Price
- £232,816
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,197pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertieson Melrose Avenue, Gateshead, NE9
- 1 Melrose Avenue
House
- 2 Melrose Avenue
4 Bed Early-century House
- 3 Melrose Avenue
House
- 4 Melrose Avenue
4 Bed Early-century House
- 5 Melrose Avenue
3 Bed Early-century House
Sales Market Trends
The last sale on Melrose Avenue sold for £215,000 on 29th February 2024. Since then prices are up an average of 3.9%.
The current average value in the street is £232,816.
The Melrose Avenue Sales Market has increased by 20.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £232,816 |
| June 2025 | 0.5% | £230,807 |
| June 2024 | 2.5% | £229,752 |
| June 2023 | 2% | £224,188 |
| June 2022 | 6% | £219,746 |
| June 2021 | 2.1% | £207,305 |
| June 2020 | 1.5% | £203,079 |
| June 2019 | 1.9% | £200,109 |
| June 2018 | 0% | £196,421 |
| June 2017 | 1.9% | £196,508 |
| June 2016 | 1% | £192,789 |
| June 2015 | -0.5% | £190,965 |
| June 2014 | 3.4% | £191,943 |
| June 2013 | -0.2% | £185,591 |
| June 2012 | -2.8% | £185,883 |
| June 2011 | 0% | £191,198 |
| June 2010 | 1% | £191,142 |
| June 2009 | -8.5% | £189,298 |
| June 2008 | -4.2% | £206,879 |
| June 2007 | 0% | £215,864 |
Rental Market Trends
The current average rental value in the street is £1,197.
The Melrose Avenue Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,197pcm |
| June 2025 | 4% | £1,164pcm |
| June 2024 | 9.6% | £1,119pcm |
| June 2023 | 7.5% | £1,021pcm |
| June 2022 | 9.5% | £950pcm |
| June 2021 | 3.8% | £867pcm |
| June 2020 | 3.1% | £836pcm |
| June 2019 | -0.3% | £811pcm |
| June 2018 | 0.5% | £813pcm |
| June 2017 | -0.2% | £809pcm |
| June 2016 | 0.1% | £811pcm |
| June 2015 | 0.7% | £810pcm |
| June 2014 | 0.9% | £805pcm |
| June 2013 | -0.6% | £797pcm |
| June 2012 | -1.1% | £802pcm |
| June 2011 | 1.9% | £811pcm |
| June 2010 | 1.7% | £796pcm |
| June 2009 | -4.4% | £783pcm |
| June 2008 | 1.1% | £818pcm |
| June 2007 | 0% | £809pcm |
Sales History
The last sale was on 29th February 2024 for £215,000 and since then the market in the area has increased by 3.9%. The street has had a total of 65 sales since 1995.
Melrose Avenue, Gateshead, NE9 has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2024£215,000 | 3 Bed House5, Melrose Avenue, Gateshead, NE9 5YD5, Melrose Avenue, Gateshead, NE9 5YD
- Sold Dec 2023£147,000 | 2 Bed Flat25, Melrose Avenue, Gateshead, NE9 5YD25, Melrose Avenue, Gateshead, NE9 5YD
- Sold Mar 2023£160,000 | 2 Bed Flat19, Melrose Avenue, Gateshead, NE9 5YD19, Melrose Avenue, Gateshead, NE9 5YD
- Sold Sep 2022£298,000 | 3 Bed House15, Melrose Avenue, Gateshead, NE9 5YD15, Melrose Avenue, Gateshead, NE9 5YD
- Sold Sep 2022£305,000 | 4 Bed House10, Melrose Avenue, Gateshead, NE9 5YD10, Melrose Avenue, Gateshead, NE9 5YD
Top 3 Most Expensive Sales
- Sold Mar 2022£382,500 | 4 Bed House2, Melrose Avenue, Gateshead, NE9 5YD2, Melrose Avenue, Gateshead, NE9 5YD
- Sold Dec 2017£347,500 | 4 Bed House2, Melrose Avenue, Gateshead, NE9 5YD2, Melrose Avenue, Gateshead, NE9 5YD
- Sold May 2022£332,000 | 4 Bed House13, Melrose Avenue, Gateshead, NE9 5YD13, Melrose Avenue, Gateshead, NE9 5YD
Nearby Streets
Melrose Avenue, Gateshead, NE9 is the 832nd largest and the 1012th most expensive street in the NE9 area.
- Rosslyn Avenue, Gateshead, NE917 Addresses|39 m away
- Beaconsfield Avenue, Gateshead, NE939 Addresses|76 m away
- Arundel Gardens, Gateshead, NE910 Addresses|77 m away
- Harcourt Park, Gateshead, NE98 Addresses|80 m away
- Kellfield Avenue, Gateshead, NE913 Addresses|91 m away
- Kells Gardens, Gateshead, NE932 Addresses|132 m away
Property Types
- 2 mid-century flats built between 1936 and 1979
- 12 early-century houses built between 1912 and 1935
- 7 early-century flats built between 1912 and 1935
- 17 other addresses of unknown type
- mid-century flat (2)
- early-century house (12)
- early-century flat (7)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (9)
- G (0)
- D (9)
- No EPC (17)
Schools Nearby
- Kells Lane Primary School300 m away
- Glynwood Community Primary School400 m away
- St Peter's Catholic Primary School, Low Fell400 m away
- Cardinal Hume Catholic School, Gateshead1.3 km away
- Grace College1.3 km away
- XP Gateshead2.0 km away
More reading links
Public Transport Nearby
The closest station to Melrose Avenue, Gateshead, NE9 - NE9 5YD is Heworth station, which is 2.8 kilometres away.
- Heworth|2.8 km away
- Dunston|3.3 km away
- Newcastle|3.7 km away
