2 Vernon Drive

    2, VERNON DRIVE, WHITLEY BAY, NE25 8JN

    This semi-detached freehold property on Vernon Drive last sold in April 2014 for £325,002. Based on price growth in the NE25 district since then, its estimated current value is £520,508 — placing it in the 81st percentile nationally and the 92nd percentile within NE25. The property covers 157 m² (1,690 sq ft), giving an estimated value of £3,315 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,690 sq ft

    157 m²

    Last Sale Price

    £325,002

    Apr 2014

    Estimated Valuation

    £520,508

    Est. £/sq ft

    £308/sq ft

    £3,315/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,690 sq ft (157 m²)
    EPC dateApr 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Apr 2014

    £325,002

    Key Metrics

    Estimated valuation£520,508
    Value per sq ft / m²£308/sq ft (£3,315/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile92nd percentile
    National percentile81st percentile

    District Context — NE25

    NE25 covers parts of North Tyneside, including areas around Whitley Bay and the surrounding coastal and suburban neighbourhoods in the north-east of the region. It is a mature, owner-occupied community with a notably older demographic profile and strong professional employment base.

    Average Property Price - NE25

    £288,988

    39

    National percentile

    Average Net Household Income - NE25

    £39,026

    54

    National percentile

    10-Year Annualised Price Growth - NE25

    3.6%

    53

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE25

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