89 Verne Road

    89, VERNE ROAD, NORTH SHIELDS, NE29 7LS

    This flat/maisonette leasehold property on Verne Road last sold in May 2018 for £60,000. Based on price growth in the NE29 district since then, its estimated current value is £78,688 — placing it in the 1st percentile nationally and the 6th percentile within NE29. The property covers 64 m² (689 sq ft), giving an estimated value of £1,230 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £60,000

    May 2018

    Estimated Valuation

    £78,688

    Est. £/sq ft

    £114/sq ft

    £1,230/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 May 2018

    £60,000

    22 Jan 2001

    £31,300

    Key Metrics

    Estimated valuation£78,688
    Value per sq ft / m²£114/sq ft (£1,230/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile6th 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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