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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
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29, Melrose Avenue, Newcastle is recorded publicly as a mid-century freehold house across 827 ft2 of internal area, sitting on a 426 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 29, Melrose Avenue, Newcastle is £249,257 and its rental estimate is £973 per month, given the available information and assuming reasonable condition.
Melrose Avenue, Newcastle, ST5 falls within the ST5 postal district, in the borough of Newcastle-under-Lyme.
29, Melrose Avenue, Newcastle has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated June 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 29, Melrose Avenue, Newcastle, we estimate a market value of £261,720 and a rental value of £1,022 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,809 and £905 per month respectively.
Over the last year, 29, Melrose Avenue, Newcastle has seen its estimated sale value grow by £7,624 (3.1%) and its estimated rental value climb by £31 per month (3.2%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for 29, Melrose Avenue, Newcastle as measuring 426 m2.
That makes it the 9th largest plot in the postcode, where 33 of the 37 other houses have recorded plot data.
29, Melrose Avenue, Newcastle has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 Jun 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 29, Melrose Avenue, Newcastle completed on 11th December 2009 at £130,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.1% over the period since December 2009.
Over the past 2 years 3 properties similar to 29, Melrose Avenue, Newcastle have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th May 2022, was 33, Melrose Avenue, Newcastle, ST5 3PE, a freehold house which sold for £220,000.
Read more about house prices in ST5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 37 addresses on Melrose Avenue, Newcastle, ST5, 29, Melrose Avenue, Newcastle comes out as the 31st largest and the 30th most expensive in our analysis of the public data.
It is also £77k more expensive than the average property across the ST5 district.
From 29, Melrose Avenue, Newcastle, the nearest station is Stoke-on-Trent, 3.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Melrose Avenue, Newcastle, 65.6% of property is privately owned outright and 25.4% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands 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 29, Melrose Avenue, Newcastle, 12.8% of residents are recorded as possessing school level qualifications and 41.1% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 29, Melrose Avenue, Newcastle, the average age was 42.8 and the most common age was 52.
The graph below shows how this compares to West Midlands 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 29, Melrose Avenue, Newcastle, 2.1% of property was a second home.
Comparison figures for West Midlands 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 29, Melrose Avenue, Newcastle, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
