16 Lancaster Way

    16, LANCASTER WAY, JARROW, NE32 4UQ

    This flat/maisonette leasehold property on Lancaster Way last sold in March 2022 for £85,000. Based on price growth in the NE32 district since then, its estimated current value is £95,930 — placing it in the 3rd percentile nationally and the 16th percentile within NE32. The property covers 56 m² (603 sq ft), giving an estimated value of £1,713 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    56 m²

    (603 sq ft)

    Last Sale Price

    £85,000

    Mar 2022

    Estimated Valuation

    £95,930

    Est. £/m²

    £1,713/m²

    £159/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area56 m² (603 sq ft)
    EPC dateOct 2013
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Mar 2022

    £85,000

    16 Nov 2018

    £70,000

    Key Metrics

    Estimated valuation£95,930
    Value per m² / sq ft£1,713/m² (£159/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE32 district percentile16th percentile
    National percentile3rd percentile

    District Context — NE32

    NE32 covers South Shields and surrounding areas in South Tyneside, on the south bank of the River Tyne in North East England. It is a post-industrial coastal community with a mix of residential neighbourhoods, maritime heritage, and accessible local amenities.

    Average Property Price - NE32

    £167,974

    5

    National percentile

    Average Net Household Income - NE32

    £30,461

    9

    National percentile

    10-Year Annualised Price Growth - NE32

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE32

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