71 Verne Road

    71, VERNE ROAD, NORTH SHIELDS, NE29 7LS

    This flat/maisonette leasehold property on Verne Road last sold in September 2023 for £106,000. Based on price growth in the NE29 district since then, its estimated current value is £112,008 — placing it in the 5th percentile nationally and the 18th percentile within NE29. The property covers 68 m² (732 sq ft), giving an estimated value of £1,647 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

    £106,000

    Sept 2023

    Estimated Valuation

    £112,008

    Est. £/sq ft

    £153/sq ft

    £1,647/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area732 sq ft (68 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Sept 2023

    £106,000

    3 Dec 2021

    £84,000

    Key Metrics

    Estimated valuation£112,008
    Value per sq ft / m²£153/sq ft (£1,647/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile18th percentile
    National percentile5th 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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