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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See detailed transaction records and historical sale data for this property from HM Land Registry.
Property Characteristics
4 MEREVALE CLOSE is a semi detached house in WASHINGTON, TYNE AND WEAR.
First sale date of 1995 suggests this property has been part of the NE37 3LP market for 30 years.
Transaction History
First recorded sale was in 1995 at £59,950, with 3 total transactions recorded over the property's history.
Latest sale occurred on 25 March 2022 for £156,000, representing a 23.3% increase from the previous sale in 2011.
Over 30 years of ownership history, this property has seen 3 ownership changes, averaging approximately 10.0 years between sales.
Since last selling in 2022, the property's estimated value has grown by approximately £66,930, representing a 10% annual growth rate over 3.7 years.
Market Position
Ranks below the postcode average, positioned in the 22th percentile (19 of 23 properties) in NE37 3LP.
Priced 1.8% below the NE37 3LP average of £158,822 for all property types.
Current estimated value ranges from £200,637 to £245,223, with a central estimate of £222,930 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 1.8% below 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* | £222,930 | 42.9% | - |
| 25/03/2022 | £156,000 | +23.3% | semi detached house |
| 31/10/2011 | £126,500 | +111.0% | semi detached house |
| 12/05/1995 | £59,950 | - | semi detached house |
Price History
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 .