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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Melrose Terrace, Bedlington is a period freehold house with 1,033 ft2 of internal area and sits on a 101 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Melrose Terrace, Bedlington is £118,620 and the estimated rental value is £776 per month.
Melrose Terrace, Bedlington, NE22 is located within the NE22 postal district.
2, Melrose Terrace, Bedlington has a single entry in the Land Registry from July 2011 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Melrose Terrace, Bedlington is in very good condition we estimate a sale value of £124,551 and a rental value of £815 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,317 and a rental value of £722 per month.
Over the last 12 months the sale value of 2 Melrose Terrace Bedlington has increased by an estimated £2,559 (2.2%) and its rental value has increased by an estimated £37 per month (4.8%), giving an expected gross yield of 7.8%.
According to data from HM Land Registry, 2, Melrose Terrace, Bedlington sits on a plot of 101m2.
We have plot size data on 19 out of 21 other houses in the postcode and 2, Melrose Terrace, Bedlington sits on the 12th largest plot.
2, Melrose Terrace, Bedlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Melrose Terrace, Bedlington was last sold on 29th July 2011 for £52,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2011, the market for similar properties has risen 58.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Melrose Terrace, Bedlington within a radius of 590 metres over the last 2 years.
The most recent example is 15, Melrose Terrace, Bedlington, NE22 5UR, a freehold house which sold for £118,000 on the 19th January 2024.
Read more about house prices in NE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Terrace, Bedlington, NE22 has a total of 49 addresses. According to our analysis of all the public data, 2, Melrose Terrace, Bedlington is the 12th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in NE22.
The closest station to 2, Melrose Terrace, Bedlington is Bedlington station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Melrose Terrace, Bedlington, 50.3% of property is privately rented and 26.2% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Melrose Terrace, Bedlington, 16.1% of residents are recorded as possessing school level qualifications and 29.7% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Melrose Terrace, Bedlington, the average age was 42.2 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Melrose Terrace, Bedlington, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Melrose Terrace, Bedlington, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
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