2 Garrett Close

    2, GARRETT CLOSE, WALLSEND, NE28 7ET

    This terraced freehold property on Garrett Close last sold in May 2014 for £94,000. Based on price growth in the NE28 district since then, its estimated current value is £138,992 — placing it in the 10th percentile nationally and the 42nd percentile within NE28. The property covers 60 m² (646 sq ft), giving an estimated value of £2,317 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £94,000

    May 2014

    Estimated Valuation

    £138,992

    Est. £/sq ft

    £215/sq ft

    £2,317/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJul 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 May 2014

    £94,000

    9 Apr 2008

    £114,000

    27 Feb 2004

    £77,500

    20 Dec 1999

    New build

    £47,995

    Key Metrics

    Estimated valuation£138,992
    Value per sq ft / m²£215/sq ft (£2,317/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile42nd percentile
    National percentile10th 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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