87 Lumley Close

    87, LUMLEY CLOSE, WASHINGTON, NE38 0HZ

    This flat/maisonette leasehold property on Lumley Close last sold in August 2022 for £52,500. Based on price growth in the NE38 district since then, its estimated current value is £55,929 — placing it in the 0th percentile nationally and the 3rd percentile within NE38. The property covers 55 m² (592 sq ft), giving an estimated value of £1,017 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    55 m²

    (592 sq ft)

    Last Sale Price

    £52,500

    Aug 2022

    Estimated Valuation

    £55,929

    Est. £/m²

    £1,017/m²

    £94/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area55 m² (592 sq ft)
    EPC dateFeb 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    £52,500

    30 Jul 2012

    £55,500

    7 Sept 2011

    £56,000

    29 Jun 2007

    £78,500

    Key Metrics

    Estimated valuation£55,929
    Value per m² / sq ft£1,017/m² (£94/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile3rd percentile
    National percentile0th 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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