48 Verne Road

    48, VERNE ROAD, NORTH SHIELDS, NORTH SHIELDS, NE29 7LT

    This terraced freehold property on Verne Road last sold in February 2004 for £30,000. Based on price growth in the NE29 district since then, its estimated current value is £56,347 — placing it in the 0th percentile nationally and the 2nd percentile within NE29. The property covers 53 m² (570 sq ft), giving an estimated value of £1,063 per m². The EPC rating is D, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £30,000

    Feb 2004

    Estimated Valuation

    £56,347

    Est. £/sq ft

    £99/sq ft

    £1,063/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area570 sq ft (53 m²)
    EPC dateJan 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Feb 2004

    £30,000

    Key Metrics

    Estimated valuation£56,347
    Value per sq ft / m²£99/sq ft (£1,063/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile2nd percentile
    National percentile0th 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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