2 Marwell Drive

    2, MARWELL DRIVE, WASHINGTON, WASHINGTON, NE37 3LR

    This detached freehold property on Marwell Drive last sold in October 2003 for £375,000. Based on price growth in the NE37 district since then, its estimated current value is £626,611 — placing it in the 87th percentile nationally and the 99th percentile within NE37. The property covers 215 m² (2,314 sq ft), giving an estimated value of £2,914 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    215 m²

    (2,314 sq ft)

    Last Sale Price

    £375,000

    Oct 2003

    Estimated Valuation

    £626,611

    Est. £/m²

    £2,914/m²

    £271/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area215 m² (2,314 sq ft)
    EPC dateAug 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Oct 2003

    £375,000

    Key Metrics

    Estimated valuation£626,611
    Value per m² / sq ft£2,914/m² (£271/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE37 district percentile99th percentile
    National percentile87th 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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