3 Somerset Terrace

    3, SOMERSET TERRACE, EAST BOLDON, NE36 0TE

    This terraced freehold property on Somerset Terrace last sold in March 2011 for £250,000. Based on price growth in the NE36 district since then, its estimated current value is £342,957 — placing it in the 58th percentile nationally and the 75th percentile within NE36. The property covers 208 m² (2,239 sq ft), giving an estimated value of £1,649 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

    £250,000

    Mar 2011

    Estimated Valuation

    £342,957

    Est. £/m²

    £1,649/m²

    £153/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 Mar 2011

    £250,000

    Key Metrics

    Estimated valuation£342,957
    Value per m² / sq ft£1,649/m² (£153/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE36 district percentile75th percentile
    National percentile58th 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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