12 Derwent Terrace

    12, DERWENT TERRACE, WASHINGTON, NE38 7AT

    This flat/maisonette leasehold property on Derwent Terrace last sold in May 2019 for £61,500. Based on price growth in the NE38 district since then, its estimated current value is £52,188 — placing it in the 0th percentile nationally and the 3rd percentile within NE38. The property covers 71 m² (764 sq ft), giving an estimated value of £735 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    71 m²

    (764 sq ft)

    Last Sale Price

    £61,500

    May 2019

    Estimated Valuation

    £52,188

    Est. £/m²

    £735/m²

    £68/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area71 m² (764 sq ft)
    EPC dateAug 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2019

    £61,500

    13 Oct 2006

    £85,000

    5 Jul 2002

    £38,000

    Key Metrics

    Estimated valuation£52,188
    Value per m² / sq ft£735/m² (£68/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile3rd percentile
    National percentile0th 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

    More properties in NE38

    Explore nearby