37, MELROSE AVENUE, WHITLEY BAY, NE25 8BA - £273,600

37 MELROSE AVENUE is a large extended detached house of 152m², built sometime between 1900 and 1929. It was last sold for £273,600 in February 2023, which was around 23% below the average February 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

37 MELROSE AVENUE Sold Prices

Land registry data shows two sales for 37 MELROSE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 37 MELROSE AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 10 FEB	£273,600	£356,068	23% below HPI
2004 16 JUL	£175,000	£215,490	19% below HPI

37 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 37 MELROSE AVENUE sales from July 2004 and February 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 37 MELROSE AVENUE?

37 MELROSE AVENUE is 152m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 37 MELROSE AVENUE lies on this distribution: 69% of detached houses are smaller than 37 MELROSE AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

37 MELROSE AVENUE: Plot and Title Map

37 MELROSE AVENUE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 37 MELROSE AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 37 MELROSE AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 37 MELROSE AVENUE?

37 MELROSE AVENUE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 37 on MELROSE AVENUE.