8 Cherry Tree Walk

    8, CHERRY TREE WALK, SOUTH SHIELDS, NE34 8PG

    This flat/maisonette leasehold property on Cherry Tree Walk last sold in May 2014 for £119,995. Based on price growth in the NE34 district since then, its estimated current value is £143,065 — placing it in the 11th percentile nationally and the 39th percentile within NE34. The property covers 72 m² (775 sq ft), giving an estimated value of £1,987 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    72 m²

    (775 sq ft)

    Last Sale Price

    £119,995

    May 2014

    Estimated Valuation

    £143,065

    Est. £/m²

    £1,987/m²

    £185/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialB
    Floor area72 m² (775 sq ft)
    EPC dateJan 2016
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2014

    New build

    £119,995

    Key Metrics

    Estimated valuation£143,065
    Value per m² / sq ft£1,987/m² (£185/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE34 district percentile39th percentile
    National percentile11th percentile

    District Context — NE34

    NE34 covers South Shields and surrounding areas in South Tyneside, located on the south bank of the River Tyne in North East England. It is a traditional working-class coastal community with a mix of terraced housing, modern developments, and established neighbourhood character.

    Average Property Price - NE34

    £184,376

    8

    National percentile

    Average Net Household Income - NE34

    £32,409

    16

    National percentile

    10-Year Annualised Price Growth - NE34

    2.8%

    23

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE34

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