242 Verne Road

    242, VERNE ROAD, NORTH SHIELDS, NE29 7DR

    This terraced freehold property on Verne Road last sold in March 2020 for £130,000. Based on price growth in the NE29 district since then, its estimated current value is £168,559 — placing it in the 17th percentile nationally and the 43rd percentile within NE29. The property covers 94 m² (1,012 sq ft), giving an estimated value of £1,793 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £130,000

    Mar 2020

    Estimated Valuation

    £168,559

    Est. £/sq ft

    £167/sq ft

    £1,793/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,012 sq ft (94 m²)
    EPC dateJun 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Mar 2020

    £130,000

    16 Jun 2000

    £43,000

    Key Metrics

    Estimated valuation£168,559
    Value per sq ft / m²£167/sq ft (£1,793/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile43rd percentile
    National percentile17th 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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