2 Somerset Terrace

    2, SOMERSET TERRACE, EAST BOLDON, NE36 0TE

    This terraced freehold property on Somerset Terrace last sold in April 2014 for £265,000. Based on price growth in the NE36 district since then, its estimated current value is £364,966 — placing it in the 62nd percentile nationally and the 80th percentile within NE36. The property covers 208 m² (2,239 sq ft), giving an estimated value of £1,755 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    208 m²

    (2,239 sq ft)

    Last Sale Price

    £265,000

    Apr 2014

    Estimated Valuation

    £364,966

    Est. £/m²

    £1,755/m²

    £163/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageB
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area208 m² (2,239 sq ft)
    EPC dateOct 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Apr 2014

    £265,000

    10 Mar 2006

    £330,000

    5 Sept 2003

    £249,000

    30 Aug 1996

    £74,000

    Key Metrics

    Estimated valuation£364,966
    Value per m² / sq ft£1,755/m² (£163/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE36 district percentile80th percentile
    National percentile62nd percentile

    District Context — NE36

    NE36 covers the Whitley Bay and Tynemouth areas on the North Tyne coast, north-east of Newcastle. It is an established residential neighbourhood with strong seaside appeal and good access to local amenities.

    Average Property Price - NE36

    £258,290

    30

    National percentile

    Average Net Household Income - NE36

    £41,092

    62

    National percentile

    10-Year Annualised Price Growth - NE36

    3.1%

    32

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE36

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