55 Grizedale

    55, GRIZEDALE, WASHINGTON, NE37 1TZ

    This flat/maisonette leasehold property on Grizedale last sold in September 2023 for £85,000. Based on price growth in the NE37 district since then, its estimated current value is £65,537 — placing it in the 1st percentile nationally and the 14th percentile within NE37. The property covers 51 m² (549 sq ft), giving an estimated value of £1,285 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    51 m²

    (549 sq ft)

    Last Sale Price

    £85,000

    Sept 2023

    Estimated Valuation

    £65,537

    Est. £/m²

    £1,285/m²

    £119/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area51 m² (549 sq ft)
    EPC dateJul 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    14 Sept 2023

    £85,000

    23 Aug 2016

    £45,000

    Key Metrics

    Estimated valuation£65,537
    Value per m² / sq ft£1,285/m² (£119/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE37 district percentile14th percentile
    National percentile1st 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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