16 Cormorant Close

    16, CORMORANT CLOSE, WASHINGTON, NE38 0DE

    This detached freehold property on Cormorant Close last sold in July 2009 for £190,000. Based on price growth in the NE38 district since then, its estimated current value is £209,070 — placing it in the 27th percentile nationally and the 62nd percentile within NE38. The property covers 69 m² (743 sq ft), giving an estimated value of £3,030 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £190,000

    Jul 2009

    Estimated Valuation

    £209,070

    Est. £/m²

    £3,030/m²

    £281/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area69 m² (743 sq ft)
    EPC dateJul 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jul 2009

    £190,000

    17 Jul 1998

    £74,950

    Key Metrics

    Estimated valuation£209,070
    Value per m² / sq ft£3,030/m² (£281/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile62nd percentile
    National percentile27th percentile

    District Context — NE38

    NE38 covers Jarrow and surrounding areas in South Tyneside, on the south bank of the Tyne east of Gateshead. It is a historically industrial neighbourhood with a strong community character and increasingly popular with families and first-time buyers seeking affordable housing.

    Average Property Price - NE38

    £199,717

    12

    National percentile

    Average Net Household Income - NE38

    £36,616

    41

    National percentile

    10-Year Annualised Price Growth - NE38

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE38

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