8 Crake Way

    8, CRAKE WAY, WASHINGTON, NE38 0DR

    This detached freehold property on Crake Way last sold in July 2023 for £275,000. Based on price growth in the NE38 district since then, its estimated current value is £248,767 — placing it in the 37th percentile nationally and the 74th percentile within NE38. The property covers 134 m² (1,442 sq ft), giving an estimated value of £1,856 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    134 m²

    (1,442 sq ft)

    Last Sale Price

    £275,000

    Jul 2023

    Estimated Valuation

    £248,767

    Est. £/m²

    £1,856/m²

    £172/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area134 m² (1,442 sq ft)
    EPC dateFeb 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2023

    £275,000

    Key Metrics

    Estimated valuation£248,767
    Value per m² / sq ft£1,856/m² (£172/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile74th percentile
    National percentile37th 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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