31 Cleveland Drive

    31, CLEVELAND DRIVE, WASHINGTON, NE38 0PP

    This flat/maisonette leasehold property on Cleveland Drive last sold in August 2017 for £64,500. Based on price growth in the NE38 district since then, its estimated current value is £65,326 — placing it in the 1st percentile nationally and the 6th percentile within NE38. The property covers 60 m² (646 sq ft), giving an estimated value of £1,089 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £64,500

    Aug 2017

    Estimated Valuation

    £65,326

    Est. £/m²

    £1,089/m²

    £101/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area60 m² (646 sq ft)
    EPC dateMay 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2017

    £64,500

    25 Jun 2004

    £68,000

    5 Sept 2003

    £56,950

    6 Dec 2002

    £49,500

    Key Metrics

    Estimated valuation£65,326
    Value per m² / sq ft£1,089/m² (£101/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile6th 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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