Our Data Sources
41, Melrose Avenue, Gateshead has 31 entries in the Land Registry, most recently in July 2007 and a single entry in the EPC database dated April 2017.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
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 41, Melrose Avenue, Gateshead is in very good condition we estimate a sale value of £121,740 and a rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,826 and a rental value of £644 per month.
Energy Efficiency
41, Melrose Avenue, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
According to HM Land Registry, 41, Melrose Avenue, Gateshead was last sold on 13th July 2007 for £137,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2007, the market for similar properties has dropped by 5.3%.
- Sold Jul 2007£137,500
- Sold Sep 2005£118,000
- Sold May 2005£92,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 4 sales of properties similar to 41, Melrose Avenue, Gateshead within a radius of 470 metres since 2016.
The most recent example is 48, Dean Street, Gateshead, NE9 5XL, a leasehold flat which sold for £88,000 on the 6th September 2022.
Read more about house prices in NE9.
- Sold Sep 2022£88,000 | 2 Bed Flat48, Dean Street, Gateshead, NE9 5XL48, Dean Street, Gateshead, NE9 5XL
- Sold Feb 2022£91,000 | 2 Bed Flat46, Dean Street, Gateshead, NE9 5XL46, Dean Street, Gateshead, NE9 5XL
- Sold Sep 2021£140,500 | 2 Bed Flat6, Rock Grove, Gateshead, NE9 5EP6, Rock Grove, Gateshead, NE9 5EP
- Sold Mar 2016£93,000 | 2 Bed Flat2, Rock Grove, Gateshead, NE9 5EP2, Rock Grove, Gateshead, NE9 5EP
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £208,120, ranging from £136,265 to £306,112.
- 39 Melrose Avenue
2 Bed Flat | 0 m | Est. Value: £140,022
- 35 Melrose Avenue
2 Bed Flat | 10 m | Est. Value: £147,337
- 31 Melrose Avenue
2 Bed Flat | 20 m | Est. Value: £136,265
- 33 Melrose Avenue
2 Bed Flat | 20 m | Est. Value: £146,141
- 28 Melrose Avenue
4 Bed House | 27 m | Est. Value: £299,919
Location Comparison
Melrose Avenue, Gateshead, NE9 has a total of 38 addresses. According to our analysis of all the public data, 41, Melrose Avenue, Gateshead is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in NE9.
More reading links
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
- Heworth|2.8 km away
- Dunston|3.3 km away
- Newcastle|3.7 km away
Available Internet Speeds
According to recent data from Ofcom, Ultrafast Broadband is available in this area.
According to recent data from Ofcom, Ultrafast Broadband available in this area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
