47 Lumley Close

    47, LUMLEY CLOSE, WASHINGTON, NE38 0HY

    This terraced freehold property on Lumley Close last sold in April 2019 for £64,500. Based on price growth in the NE38 district since then, its estimated current value is £78,562 — placing it in the 1st percentile nationally and the 9th percentile within NE38. The property covers 80 m² (861 sq ft), giving an estimated value of £982 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    80 m²

    (861 sq ft)

    Last Sale Price

    £64,500

    Apr 2019

    Estimated Valuation

    £78,562

    Est. £/m²

    £982/m²

    £91/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (community)
    EPC currentD
    EPC potentialB
    Floor area80 m² (861 sq ft)
    EPC dateNov 2018
    WallsCavity wall, filled cavity
    HeatingCommunity scheme

    Transaction History

    12 Apr 2019

    £64,500

    Key Metrics

    Estimated valuation£78,562
    Value per m² / sq ft£982/m² (£91/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile9th 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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