121 Verne Road

    121, VERNE ROAD, NORTH SHIELDS, NE29 7DG

    This flat/maisonette leasehold property on Verne Road last sold in February 2017 for £60,000. Based on price growth in the NE29 district since then, its estimated current value is £93,132 — placing it in the 3rd percentile nationally and the 11th percentile within NE29. The property covers 65 m² (700 sq ft), giving an estimated value of £1,433 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £60,000

    Feb 2017

    Estimated Valuation

    £93,132

    Est. £/sq ft

    £133/sq ft

    £1,433/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateMay 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2017

    £60,000

    Key Metrics

    Estimated valuation£93,132
    Value per sq ft / m²£133/sq ft (£1,433/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile11th percentile
    National percentile3rd 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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