47 Verne Road

    47, VERNE ROAD, NORTH SHIELDS, NE29 7LS

    This flat/maisonette leasehold property on Verne Road last sold in December 2019 for £65,000. Based on price growth in the NE29 district since then, its estimated current value is £73,067 — placing it in the 1st percentile nationally and the 5th percentile within NE29. The property covers 68 m² (732 sq ft), giving an estimated value of £1,075 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £65,000

    Dec 2019

    Estimated Valuation

    £73,067

    Est. £/sq ft

    £100/sq ft

    £1,075/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 area732 sq ft (68 m²)
    EPC dateJan 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Dec 2019

    £65,000

    21 Nov 1997

    £33,000

    Key Metrics

    Estimated valuation£73,067
    Value per sq ft / m²£100/sq ft (£1,075/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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