2 Park Terrace

    2, PARK TERRACE, WASHINGTON, NE37 2QX

    This terraced freehold property on Park Terrace last sold in June 2008 for £110,000. Based on price growth in the NE37 district since then, its estimated current value is £133,596 — placing it in the 9th percentile nationally and the 51st percentile within NE37. The property covers 87 m² (936 sq ft), giving an estimated value of £1,536 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    87 m²

    (936 sq ft)

    Last Sale Price

    £110,000

    Jun 2008

    Estimated Valuation

    £133,596

    Est. £/m²

    £1,536/m²

    £143/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area87 m² (936 sq ft)
    EPC dateAug 2025
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jun 2008

    £110,000

    1 Mar 2005

    £55,000

    17 Apr 2004

    £23,000

    17 Jul 2001

    £23,000

    Key Metrics

    Estimated valuation£133,596
    Value per m² / sq ft£1,536/m² (£143/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE37 district percentile51st percentile
    National percentile9th 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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