4 Vernon Close

    4, VERNON CLOSE, SOUTH SHIELDS, NE33 5DF

    This terraced leasehold property on Vernon Close last sold in July 2022 for £160,000. Based on price growth in the NE33 district since then, its estimated current value is £171,566 — placing it in the 17th percentile nationally and the 67th percentile within NE33. The property covers 94 m² (1,012 sq ft), giving an estimated value of £1,825 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    94 m²

    (1,012 sq ft)

    Last Sale Price

    £160,000

    Jul 2022

    Estimated Valuation

    £171,566

    Est. £/m²

    £1,825/m²

    £170/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageG
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area94 m² (1,012 sq ft)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2022

    £160,000

    16 Jul 1999

    £47,500

    Key Metrics

    Estimated valuation£171,566
    Value per m² / sq ft£1,825/m² (£170/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile67th percentile
    National percentile17th 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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