121a Spout Lane

    121A, SPOUT LANE, WASHINGTON, NE37 2UD

    This terraced freehold property on Spout Lane last sold in June 2016 for £82,500. Based on price growth in the NE37 district since then, its estimated current value is £112,723 — placing it in the 6th percentile nationally and the 37th percentile within NE37. The property covers 88 m² (947 sq ft), giving an estimated value of £1,281 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £82,500

    Jun 2016

    Estimated Valuation

    £112,723

    Est. £/m²

    £1,281/m²

    £119/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area88 m² (947 sq ft)
    EPC dateFeb 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jun 2016

    £82,500

    16 Mar 2012

    £72,750

    12 Aug 2011

    £84,000

    Key Metrics

    Estimated valuation£112,723
    Value per m² / sq ft£1,281/m² (£119/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE37 district percentile37th percentile
    National percentile6th 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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