2 Somerset Grove

    2, SOMERSET GROVE, NORTH SHIELDS, NORTH SHIELDS, NE29 8PN

    This semi-detached freehold property on Somerset Grove last sold in January 1998 for £32,000. Based on price growth in the NE29 district since then, its estimated current value is £145,615 — placing it in the 12th percentile nationally and the 32nd percentile within NE29. The property covers 76 m² (818 sq ft), giving an estimated value of £1,916 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £32,000

    Jan 1998

    Estimated Valuation

    £145,615

    Est. £/sq ft

    £178/sq ft

    £1,916/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jan 1998

    £32,000

    Key Metrics

    Estimated valuation£145,615
    Value per sq ft / m²£178/sq ft (£1,916/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile32nd percentile
    National percentile12th 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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