7 Model Dwellings

    7, MODEL DWELLINGS, WASHINGTON, WASHINGTON, NE38 7AS

    This flat/maisonette leasehold property on Model Dwellings last sold in November 2006 for £92,000. Based on price growth in the NE38 district since then, its estimated current value is £72,419 — placing it in the 1st percentile nationally and the 8th percentile within NE38. The property covers 72 m² (775 sq ft), giving an estimated value of £1,006 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    72 m²

    (775 sq ft)

    Last Sale Price

    £92,000

    Nov 2006

    Estimated Valuation

    £72,419

    Est. £/m²

    £1,006/m²

    £93/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area72 m² (775 sq ft)
    EPC dateNov 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2006

    £92,000

    2 Aug 2002

    £42,550

    14 Feb 1997

    £28,000

    14 Nov 1996

    £28,000

    Key Metrics

    Estimated valuation£72,419
    Value per m² / sq ft£1,006/m² (£93/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile8th 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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