2 Promenade Terrace

    2, PROMENADE TERRACE, NORTH SHIELDS, NE30 4BU

    This semi-detached freehold property on Promenade Terrace last sold in October 2012 for £392,000. Based on price growth in the NE30 district since then, its estimated current value is £662,789 — placing it in the 89th percentile nationally and the 95th percentile within NE30. The property covers 256 m² (2,756 sq ft), giving an estimated value of £2,589 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,756 sq ft

    256 m²

    Last Sale Price

    £392,000

    Oct 2012

    Estimated Valuation

    £662,789

    Est. £/sq ft

    £241/sq ft

    £2,589/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageA
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,756 sq ft (256 m²)
    EPC dateNov 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Boiler and underfloor heating, mains gas

    Transaction History

    25 Oct 2012

    £392,000

    Key Metrics

    Estimated valuation£662,789
    Value per sq ft / m²£241/sq ft (£2,589/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE30 district percentile95th percentile
    National percentile89th percentile

    Other Properties on Promenade Terrace

    District Context — NE30

    NE30 covers Whitley Bay and Tynemouth on the North Tyne coast, north of Newcastle. It is a mature residential area with strong seaside appeal and established community character.

    Average Property Price - NE30

    £319,554

    48

    National percentile

    Average Net Household Income - NE30

    £39,768

    57

    National percentile

    10-Year Annualised Price Growth - NE30

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE30

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