48 Well Bank Road

    48, WELL BANK ROAD, WASHINGTON, NE37 1NJ

    This semi-detached freehold property on Well Bank Road last sold in August 2023 for £222,000. Based on price growth in the NE37 district since then, its estimated current value is £250,536 — placing it in the 38th percentile nationally and the 88th percentile within NE37. The property covers 144 m² (1,550 sq ft), giving an estimated value of £1,740 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    144 m²

    (1,550 sq ft)

    Last Sale Price

    £222,000

    Aug 2023

    Estimated Valuation

    £250,536

    Est. £/m²

    £1,740/m²

    £162/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area144 m² (1,550 sq ft)
    EPC dateOct 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Aug 2023

    £222,000

    Key Metrics

    Estimated valuation£250,536
    Value per m² / sq ft£1,740/m² (£162/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE37 district percentile88th percentile
    National percentile38th percentile

    District Context — NE37

    NE37 covers Jarrow and Hebburn in South Tyneside, located on the south bank of the River Tyne in north-east England. The area is a traditional riverside community with strong industrial heritage, offering affordable housing and close-knit neighbourhoods.

    Average Property Price - NE37

    £162,507

    4

    National percentile

    Average Net Household Income - NE37

    £33,392

    21

    National percentile

    10-Year Annualised Price Growth - NE37

    5.1%

    91

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE37

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