8 Lanark Close

    8, LANARK CLOSE, NORTH SHIELDS, NE29 8DP

    This semi-detached leasehold property on Lanark Close last sold in August 2023 for £242,500. Based on price growth in the NE29 district since then, its estimated current value is £275,085 — placing it in the 44th percentile nationally and the 76th percentile within NE29. The property covers 132 m² (1,421 sq ft), giving an estimated value of £2,084 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £242,500

    Aug 2023

    Estimated Valuation

    £275,085

    Est. £/sq ft

    £194/sq ft

    £2,084/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,421 sq ft (132 m²)
    EPC dateFeb 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Aug 2023

    £242,500

    Key Metrics

    Estimated valuation£275,085
    Value per sq ft / m²£194/sq ft (£2,084/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile76th percentile
    National percentile44th 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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