2 Elgin Close

    2, ELGIN CLOSE, NORTH SHIELDS, NE29 8DG

    This detached leasehold property on Elgin Close last sold in June 2020 for £175,000. Based on price growth in the NE29 district since then, its estimated current value is £222,320 — placing it in the 30th percentile nationally and the 63rd percentile within NE29. The property covers 77 m² (829 sq ft), giving an estimated value of £2,887 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £175,000

    Jun 2020

    Estimated Valuation

    £222,320

    Est. £/sq ft

    £268/sq ft

    £2,887/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateMar 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2020

    £175,000

    26 Sept 2006

    £102,000

    Key Metrics

    Estimated valuation£222,320
    Value per sq ft / m²£268/sq ft (£2,887/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile63rd percentile
    National percentile30th 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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