Melrose Avenue - NE9 5YD
Key Street Insights
Melrose Avenue is a residential street with 38 addresses.
It ranks as the 833rd largest and 1011th 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: 12 houses, 9 flats and 17 other properties.
- Ave. Sale Price
- £236,468
- 10 Year change
- up 20.2%
- Ave. Rental Price
- £1,230pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Street Insights
Melrose Avenue is a residential street with 38 addresses.
It ranks as the 833rd largest and 1011th 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: 12 houses, 9 flats and 17 other properties.
- Ave. Sale Price
- £236,468
- 10 Year change
- up 20.2%
- Ave. Rental Price
- £1,230pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Properties on 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 3.3%.
The current average value in the street is £236,468.
The Melrose Avenue Sales Market has increased by 20.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 0.4% | £236,468 |
| July 2025 | 0.3% | £235,635 |
| July 2024 | 2.8% | £235,030 |
| July 2023 | 1.8% | £228,542 |
| July 2022 | 5.9% | £224,468 |
| July 2021 | 1.3% | £211,876 |
| July 2020 | 2.3% | £209,178 |
| July 2019 | 2.2% | £204,480 |
| July 2018 | -0.1% | £200,026 |
| July 2017 | 1.7% | £200,169 |
| July 2016 | 1.6% | £196,761 |
| July 2015 | -0.3% | £193,689 |
| July 2014 | 3.4% | £194,369 |
| July 2013 | 0.3% | £188,001 |
| July 2012 | -2.5% | £187,481 |
| July 2011 | -0.3% | £192,252 |
| July 2010 | 1.4% | £192,872 |
| July 2009 | -6.9% | £190,139 |
| July 2008 | -5.8% | £204,315 |
| July 2007 | 0% | £216,780 |
Rental Market Trends
The current average rental value in the street is £1,230.
The Melrose Avenue Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4.1% | £1,230pcm |
| July 2025 | 3.5% | £1,181pcm |
| July 2024 | 9.4% | £1,141pcm |
| July 2023 | 7.6% | £1,043pcm |
| July 2022 | 9.6% | £970pcm |
| July 2021 | 4.2% | £885pcm |
| July 2020 | 2.9% | £849pcm |
| July 2019 | 0.4% | £825pcm |
| July 2018 | 0.4% | £822pcm |
| July 2017 | -0.2% | £819pcm |
| July 2016 | 0.7% | £821pcm |
| July 2015 | 0.6% | £815pcm |
| July 2014 | 1.5% | £810pcm |
| July 2013 | -0.9% | £798pcm |
| July 2012 | -1% | £805pcm |
| July 2011 | 1.9% | £814pcm |
| July 2010 | 2.6% | £799pcm |
| July 2009 | -4% | £778pcm |
| July 2008 | 1% | £811pcm |
| July 2007 | 0% | £803pcm |
Sales History
The last recorded sale was on 29th February 2024 for £215,000 and since then the market in the area has increased by 3.3%.
Melrose Avenue, Gateshead, NE9 has had 3 sales since 1995, with 3 in the last three years and none 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
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 833rd largest and the 1011th 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 have been 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
