248 Verne Road

    248, VERNE ROAD, NORTH SHIELDS, NE29 7DP

    This terraced freehold property on Verne Road last sold in May 1999 for £31,500. Based on price growth in the NE29 district since then, its estimated current value is £128,593 — placing it in the 8th percentile nationally and the 25th percentile within NE29. The property covers 81 m² (872 sq ft), giving an estimated value of £1,588 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £31,500

    May 1999

    Estimated Valuation

    £128,593

    Est. £/sq ft

    £148/sq ft

    £1,588/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area872 sq ft (81 m²)
    EPC dateSept 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 May 1999

    £31,500

    3 May 1996

    £28,000

    Key Metrics

    Estimated valuation£128,593
    Value per sq ft / m²£148/sq ft (£1,588/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile25th percentile
    National percentile8th 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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