16 Vernon Close

    16, VERNON CLOSE, SOUTH SHIELDS, NE33 5DF

    This terraced leasehold property on Vernon Close last sold in June 2005 for £94,000. Based on price growth in the NE33 district since then, its estimated current value is £129,369 — placing it in the 8th percentile nationally and the 51st percentile within NE33. The property covers 49 m² (527 sq ft), giving an estimated value of £2,640 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    49 m²

    (527 sq ft)

    Last Sale Price

    £94,000

    Jun 2005

    Estimated Valuation

    £129,369

    Est. £/m²

    £2,640/m²

    £245/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area49 m² (527 sq ft)
    EPC dateAug 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jun 2005

    £94,000

    18 Jul 1997

    £36,500

    Key Metrics

    Estimated valuation£129,369
    Value per m² / sq ft£2,640/m² (£245/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile51st percentile
    National percentile8th 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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