2 Model Dwellings

    2, MODEL DWELLINGS, WASHINGTON, NE38 7AS

    This terraced freehold property on Model Dwellings last sold in January 2006 for £124,000. Based on price growth in the NE38 district since then, its estimated current value is £162,689 — placing it in the 15th percentile nationally and the 45th percentile within NE38. The property covers 70 m² (753 sq ft), giving an estimated value of £2,324 per m². The EPC rating is D, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    70 m²

    (753 sq ft)

    Last Sale Price

    £124,000

    Jan 2006

    Estimated Valuation

    £162,689

    Est. £/m²

    £2,324/m²

    £216/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area70 m² (753 sq ft)
    EPC dateFeb 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jan 2006

    £124,000

    Key Metrics

    Estimated valuation£162,689
    Value per m² / sq ft£2,324/m² (£216/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile45th percentile
    National percentile15th 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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