2 Teal Close

    2, TEAL CLOSE, WASHINGTON, NE38 0EA

    This flat/maisonette leasehold property on Teal Close last sold in October 2021 for £71,000. Based on price growth in the NE38 district since then, its estimated current value is £68,221 — placing it in the 1st percentile nationally and the 7th percentile within NE38. The property covers 61 m² (657 sq ft), giving an estimated value of £1,118 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    61 m²

    (657 sq ft)

    Last Sale Price

    £71,000

    Oct 2021

    Estimated Valuation

    £68,221

    Est. £/m²

    £1,118/m²

    £104/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area61 m² (657 sq ft)
    EPC dateMay 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Oct 2021

    £71,000

    6 Feb 2012

    £74,500

    28 Apr 2006

    £92,000

    26 Mar 2004

    £75,000

    Key Metrics

    Estimated valuation£68,221
    Value per m² / sq ft£1,118/m² (£104/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile7th percentile
    National percentile1st 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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