According to the public record, 5, Meldon Terrace, Newbiggin-By-The-Sea is a mid-century freehold house and with 753 ft2 of internal area and sits on a 70.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meldon Terrace, Newbiggin-By-The-Sea, NE64 is located within the NE64 postal district.
5, Meldon Terrace, Newbiggin-By-The-Sea has 21 entries in the Land Registry database, most recently in November 2016 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Meldon Terrace Newbiggin-By-The-Sea as £109,925 and the rental value as £644 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 5 Meldon Terrace Newbiggin-By-The-Sea has increased by £1,400 (1.3%) and its rental value has increased by £57 per month (8.9%).
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 5, Meldon Terrace, Newbiggin-By-The-Sea is in very good condition we estimate a sale value of £115,421 and rental value of £676 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,230 and a rental value of £599 per month.
If you were able to purchase this property for the estimated value of £109,925, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £540 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 5, Meldon Terrace, Newbiggin-By-The-Sea sits on a plot of 71m2.
We have plot size data on 16 out of 33 other houses in the postcode and 5, Meldon Terrace, Newbiggin-By-The-Sea sits on the 2nd largest plot.
According to HM Land Registry, 5, Meldon Terrace, Newbiggin-By-The-Sea was last sold on 11 Nov 2016 for £60,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 31.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Meldon Terrace, Newbiggin-By-The-Sea within a radius of 412m over the last 2 years.
The most recent example is 32, Meldon Terrace, Newbiggin-By-The-Sea, NE64 6XH, a Freehold house which sold for £108,000 in Nov 2023.
Read more about house prices in NE64.
Meldon Terrace, Newbiggin-By-The-Sea, NE64 has a total of 66 addresses. According to our analysis of all the public data, 5, Meldon Terrace, Newbiggin-By-The-Sea is the 40th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in NE64.
5, Meldon Terrace, Newbiggin-By-The-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5, Meldon Terrace, Newbiggin-By-The-Sea is Ashington station which is 3.6 km away.
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 5, Meldon Terrace, Newbiggin-By-The-Sea, 61.8% of property is privately owned outright and 13.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 5, Meldon Terrace, Newbiggin-By-The-Sea, 2.8% of residents are recorded as possessing school level qualifications and 30.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Meldon Terrace, Newbiggin-By-The-Sea, the average age was 44.9 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 5, Meldon Terrace, Newbiggin-By-The-Sea, 2.8% 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 5, Meldon Terrace, Newbiggin-By-The-Sea, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.