38 Locomotion Way

    38, LOCOMOTION WAY, NORTH SHIELDS, NE29 6XF

    This flat/maisonette leasehold property on Locomotion Way last sold in May 2020 for £56,000. Based on price growth in the NE29 district since then, its estimated current value is £73,089 — placing it in the 1st percentile nationally and the 5th percentile within NE29. The property covers 85 m² (915 sq ft), giving an estimated value of £860 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £56,000

    May 2020

    Estimated Valuation

    £73,089

    Est. £/sq ft

    £80/sq ft

    £860/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateOct 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 May 2020

    £56,000

    21 Jan 2005

    £72,000

    Key Metrics

    Estimated valuation£73,089
    Value per sq ft / m²£80/sq ft (£860/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile5th percentile
    National percentile1st percentile

    District Context — NE29

    NE29 covers Whitley Bay and surrounding areas on the North Tyneside coast, north of Newcastle. It is a residential seaside district with a mix of family homes and holiday appeal.

    Average Property Price - NE29

    £218,190

    17

    National percentile

    Average Net Household Income - NE29

    £32,937

    18

    National percentile

    10-Year Annualised Price Growth - NE29

    5.1%

    90

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE29

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