Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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Property Characteristics
26 MEREVALE CLOSE is a semi detached house in WASHINGTON, TYNE AND WEAR.
First sale date of 2008 suggests this property has been part of the NE37 3LP market for 17 years.
Transaction History
First recorded sale was in 2008 at £166,500, with 1 total transactions recorded over the property's history.
Latest sale occurred on 8 February 2008 for £166,500.
Over 17 years of ownership history, this property has seen 1 ownership changes, averaging approximately 17.0 years between sales.
Since last selling in 2008, the property's estimated value has grown by approximately £748,049, representing a 10% annual growth rate over 17.9 years.
Market Position
Ranks as the 9th most expensive property in NE37 3LP based on latest sale prices, placing it in the top 39% of properties in the postcode.
Priced 4.8% above the NE37 3LP average of £158,822 for all property types.
Current estimated value ranges from £823,094 to £1,006,004, with a central estimate of £914,549 based on market growth trends.
Comparative Market Analysis
MEREVALE CLOSE has 23 recorded properties with an average sale price of £158,822. This property is 4.8% above the street average.
Across all property types in NE37 3LP, 2 properties have sold over the past 12 months at an average of £180,498.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £914,549 | 449.3% | - |
| 08/02/2008 | £166,500 | - | semi detached house |
Market Statistics - NE37 3LP
Property Types
Similar Properties in NE37 3LP
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .