1 Derwent Way

    1, DERWENT WAY, WALLSEND, NE28 6AD

    This detached leasehold property on Derwent Way last sold in July 2011 for £156,000. Based on price growth in the NE28 district since then, its estimated current value is £267,914 — placing it in the 42nd percentile nationally and the 87th percentile within NE28. The property covers 95 m² (1,023 sq ft), giving an estimated value of £2,820 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £156,000

    Jul 2011

    Estimated Valuation

    £267,914

    Est. £/sq ft

    £262/sq ft

    £2,820/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateSept 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2011

    New build

    £156,000

    Key Metrics

    Estimated valuation£267,914
    Value per sq ft / m²£262/sq ft (£2,820/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile87th percentile
    National percentile42nd percentile

    District Context — NE28

    NE28 covers Tynemouth and surrounding areas on the North Tyne coast, northeast of Newcastle. It is a established residential district with a mix of suburban and coastal communities.

    Average Property Price - NE28

    £172,636

    7

    National percentile

    Average Net Household Income - NE28

    £31,921

    13

    National percentile

    10-Year Annualised Price Growth - NE28

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE28

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