55 Cleveland Drive

    55, CLEVELAND DRIVE, WASHINGTON, NE38 0PP

    This terraced freehold property on Cleveland Drive last sold in May 2020 for £84,000. Based on price growth in the NE38 district since then, its estimated current value is £96,016 — placing it in the 3rd percentile nationally and the 14th percentile within NE38. The property covers 64 m² (689 sq ft), giving an estimated value of £1,500 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £84,000

    May 2020

    Estimated Valuation

    £96,016

    Est. £/m²

    £1,500/m²

    £139/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area64 m² (689 sq ft)
    EPC dateAug 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2020

    £84,000

    28 Oct 2016

    £73,000

    Key Metrics

    Estimated valuation£96,016
    Value per m² / sq ft£1,500/m² (£139/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile14th percentile
    National percentile3rd 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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