40 Vernon Close

    40, VERNON CLOSE, SOUTH SHIELDS, NE33 5DF

    This flat/maisonette leasehold property on Vernon Close last sold in July 2006 for £62,000. Based on price growth in the NE33 district since then, its estimated current value is £70,007 — placing it in the 1st percentile nationally and the 12th percentile within NE33. The property covers 34 m² (366 sq ft), giving an estimated value of £2,059 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    34 m²

    (366 sq ft)

    Last Sale Price

    £62,000

    Jul 2006

    Estimated Valuation

    £70,007

    Est. £/m²

    £2,059/m²

    £191/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area34 m² (366 sq ft)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Jul 2006

    £62,000

    28 Feb 1997

    £28,000

    Key Metrics

    Estimated valuation£70,007
    Value per m² / sq ft£2,059/m² (£191/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE33 district percentile12th percentile
    National percentile1st 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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