1 Derwent Terrace

    1, DERWENT TERRACE, WASHINGTON, NE38 7AT

    This flat/maisonette leasehold property on Derwent Terrace last sold in May 2022 for £77,000. Based on price growth in the NE38 district since then, its estimated current value is £82,029 — placing it in the 2nd percentile nationally and the 10th percentile within NE38. The property covers 70 m² (753 sq ft), giving an estimated value of £1,172 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    70 m²

    (753 sq ft)

    Last Sale Price

    £77,000

    May 2022

    Estimated Valuation

    £82,029

    Est. £/m²

    £1,172/m²

    £109/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area70 m² (753 sq ft)
    EPC dateApr 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2022

    £77,000

    17 Mar 2020

    £65,000

    15 Aug 2008

    £89,950

    3 Sept 1997

    £12,500

    Key Metrics

    Estimated valuation£82,029
    Value per m² / sq ft£1,172/m² (£109/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile10th 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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