Melrose - NE38 7HD
Key Street Insights
Melrose is a residential street with 31 addresses.
It ranks as the 755th largest of the 1,253 streets in the NE38 area.
The street contains a total of 31 properties: 12 houses and 19 other properties.
- Ave. Sale Price
- £241,218
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £1,267pcm
- 10 Year change
- up 42.9%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Street Insights
Melrose is a residential street with 31 addresses.
It ranks as the 755th largest of the 1,253 streets in the NE38 area.
The street contains a total of 31 properties: 12 houses and 19 other properties.
- Ave. Sale Price
- £241,218
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £1,267pcm
- 10 Year change
- up 42.9%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Sales Market Trends
The last sale on Melrose sold for £275,000 on 13th September 2024. Since then prices are up an average of 0.7%.
The current average value in the street is £241,218.
The Melrose Sales Market has increased by 24.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £241,218 |
| June 2025 | 2.5% | £246,409 |
| June 2024 | 3.5% | £240,383 |
| June 2023 | 2.1% | £232,204 |
| June 2022 | 5.6% | £227,500 |
| June 2021 | 5.5% | £215,491 |
| June 2020 | 1.5% | £204,344 |
| June 2019 | 2.6% | £201,306 |
| June 2018 | -0.3% | £196,118 |
| June 2017 | 1.7% | £196,701 |
| June 2016 | 2% | £193,413 |
| June 2015 | 2% | £189,581 |
| June 2014 | 2.7% | £185,774 |
| June 2013 | -0.4% | £180,908 |
| June 2012 | -0.6% | £181,571 |
| June 2011 | -1.5% | £182,739 |
| June 2010 | 3.6% | £185,571 |
| June 2009 | -8.1% | £179,058 |
| June 2008 | -1.5% | £194,936 |
| June 2007 | 0% | £197,966 |
Rental Market Trends
The current average rental value in the street is £1,267.
The Melrose Rental Market has increased by 42.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £1,267pcm |
| June 2025 | 3.2% | £1,247pcm |
| June 2024 | 7.6% | £1,209pcm |
| June 2023 | 9.1% | £1,123pcm |
| June 2022 | 8.5% | £1,030pcm |
| June 2021 | 2.1% | £949pcm |
| June 2020 | 2.2% | £930pcm |
| June 2019 | -0.1% | £909pcm |
| June 2018 | 2.2% | £910pcm |
| June 2017 | 0.5% | £891pcm |
| June 2016 | 0.7% | £886pcm |
| June 2015 | 0.7% | £881pcm |
| June 2014 | 0.1% | £875pcm |
| June 2013 | -1.3% | £874pcm |
| June 2012 | 0% | £886pcm |
| June 2011 | 2.1% | £886pcm |
| June 2010 | 4.6% | £868pcm |
| June 2009 | -0.6% | £830pcm |
| June 2008 | 4.2% | £835pcm |
| June 2007 | 0% | £801pcm |
Sales History
The last recorded sale was on 13th September 2024 for £275,000 and since then the market in the area has increased by 0.7%.
Melrose, Washington, NE38 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Sep 2024£275,000 | 4 Bed House1, Melrose, Washington, NE38 7HD1, Melrose, Washington, NE38 7HD
- Sold Dec 2023£266,000 | 4 Bed House3, Melrose, Washington, NE38 7HD3, Melrose, Washington, NE38 7HD
- Sold Sep 2022£260,000 | 4 Bed House26, Melrose, Washington, NE38 7HD26, Melrose, Washington, NE38 7HD
Top 3 Most Expensive Sales
- Sold Sep 2024£275,000 | 4 Bed House1, Melrose, Washington, NE38 7HD1, Melrose, Washington, NE38 7HD
- Sold Dec 2023£266,000 | 4 Bed House3, Melrose, Washington, NE38 7HD3, Melrose, Washington, NE38 7HD
- Sold Sep 2022£260,000 | 4 Bed House26, Melrose, Washington, NE38 7HD26, Melrose, Washington, NE38 7HD
Nearby Streets
Melrose, Washington, NE38 is the 755th largest and the 1098th most expensive street in the NE38 area.
- Chacombe, Washington, NE3865 Addresses|78 m away
- Beauly, Washington, NE3815 Addresses|145 m away
- Finchale, Washington, NE3839 Addresses|157 m away
- Cooks Wood, Washington, NE386 Addresses|198 m away
- Creevelea, Washington, NE3818 Addresses|200 m away
- Tintern, Washington, NE3812 Addresses|205 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (5)
- No EPC (21)
Schools Nearby
- Biddick Primary School500 m away
- Fatfield Academy900 m away
- Wessington Primary School1.0 km away
- Biddick Academy400 m away
- St Robert of Newminster Catholic School and Sixth Form College, Washington500 m away
- Oxclose Community Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to Melrose, Washington, NE38 - NE38 7HD is Chester-le-Street station, which is 5.3 kilometres away.
- Chester-le-Street|5.3 km away
- Heworth|7.0 km away
- Sunderland|9.3 km away
