35, MELROSE AVENUE, NEWCASTLE, ST5 3PE - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

35 MELROSE AVENUE is a large detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £416,485. It was last sold for £249,950 in September 2013, which was around 36% above the average September 2013 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

35 MELROSE AVENUE Sold Prices

Land registry data shows two sales for 35 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 Newcastle-under-Lyme local authority area for the corresponding sale date. Both of the two 35 MELROSE AVENUE sales were for above 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
2013 27 SEP	£249,950	£184,223	36% above HPI
2004 30 SEP	£180,000	£166,127	8% above HPI

35 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The two 35 MELROSE AVENUE sales from September 2004 and September 2013 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 September 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2013 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 35 MELROSE AVENUE be worth now?

35 MELROSE AVENUE might now be worth an estimated £416,485.

This is based on house price inflation of 66.6%, between September 2013 and March 2026, for detached houses, in the Newcastle-under-Lyme local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.6% inflationary increase is applied to the most recent sale price for 35 MELROSE AVENUE of £249,950 on 27th September 2013. For the value to have increased from £249,950 to £416,485 over the thirteen years and six months to March 2026, the following assumptions must hold true:

• The value of 35 MELROSE AVENUE has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The September 2013 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 35 MELROSE AVENUE has not materially changed since September 2013.

How Large is 35 MELROSE AVENUE?

35 MELROSE AVENUE is 124m² according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Newcastle-under-Lyme, based on EPC data. The below chart shows the distribution of detached houses by size in Newcastle-under-Lyme, and where 35 MELROSE AVENUE lies on this distribution: 69% of detached houses are smaller than 35 MELROSE AVENUE, and 30% of detached houses are larger. Note that EPC data is not available for all properties in Newcastle-under-Lyme.

35 MELROSE AVENUE: Plot

35 MELROSE AVENUE sits on a plot of roughly 214.7 acres, or 868,934m².

Where is 35 MELROSE AVENUE?

35 MELROSE AVENUE is located in NEWCASTLE, in the ST5 postcode district.