2 Derwent Lodge Westoe Village

    2 DERWENT LODGE, WESTOE VILLAGE, SOUTH SHIELDS, NE33 3EB

    This flat/maisonette leasehold property on Westoe Village last sold in November 2020 for £130,000. Based on price growth in the NE33 district since then, its estimated current value is £160,708 — placing it in the 15th percentile nationally and the 63rd percentile within NE33. The property covers 69 m² (743 sq ft), giving an estimated value of £2,329 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £130,000

    Nov 2020

    Estimated Valuation

    £160,708

    Est. £/m²

    £2,329/m²

    £216/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area69 m² (743 sq ft)
    EPC dateMay 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Nov 2020

    £130,000

    Key Metrics

    Estimated valuation£160,708
    Value per m² / sq ft£2,329/m² (£216/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile63rd percentile
    National percentile15th percentile

    District Context — NE33

    NE33 covers South Shields and surrounding areas in South Tyneside, in the north-east of England. It is a long-established coastal community with a mixed-tenure housing stock and a diverse occupational base.

    Average Property Price - NE33

    £153,452

    3

    National percentile

    Average Net Household Income - NE33

    £28,967

    6

    National percentile

    10-Year Annualised Price Growth - NE33

    2.1%

    11

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE33

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