40 Malvern Road

    40, MALVERN ROAD, WASHINGTON, NE38 0PB

    This flat/maisonette leasehold property on Malvern Road last sold in January 2022 for £79,950. Based on price growth in the NE38 district since then, its estimated current value is £85,171 — placing it in the 2nd percentile nationally and the 11th percentile within NE38. The property covers 59 m² (635 sq ft), giving an estimated value of £1,444 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    59 m²

    (635 sq ft)

    Last Sale Price

    £79,950

    Jan 2022

    Estimated Valuation

    £85,171

    Est. £/m²

    £1,444/m²

    £134/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area59 m² (635 sq ft)
    EPC dateMar 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2022

    £79,950

    Key Metrics

    Estimated valuation£85,171
    Value per m² / sq ft£1,444/m² (£134/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile11th 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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