23 Lumley Close

    23, LUMLEY CLOSE, WASHINGTON, NE38 0HX

    This terraced freehold property on Lumley Close last sold in September 2022 for £78,500. Based on price growth in the NE38 district since then, its estimated current value is £88,617 — placing it in the 2nd percentile nationally and the 12th percentile within NE38. The property covers 118 m² (1,270 sq ft), giving an estimated value of £751 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    118 m²

    (1,270 sq ft)

    Last Sale Price

    £78,500

    Sept 2022

    Estimated Valuation

    £88,617

    Est. £/m²

    £751/m²

    £70/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (community)
    EPC currentD
    EPC potentialC
    Floor area118 m² (1,270 sq ft)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingCommunity scheme

    Transaction History

    30 Sept 2022

    £78,500

    17 Sept 2001

    £35,000

    6 Jan 1995

    £35,000

    Key Metrics

    Estimated valuation£88,617
    Value per m² / sq ft£751/m² (£70/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile12th percentile
    National percentile2nd 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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