16 Derwent Terrace

    16, DERWENT TERRACE, WASHINGTON, WASHINGTON, NE38 7AT

    This flat/maisonette leasehold property on Derwent Terrace last sold in March 2003 for £39,651. Based on price growth in the NE38 district since then, its estimated current value is £38,810 — placing it in the 0th percentile nationally and the 1st percentile within NE38. The property covers 70 m² (753 sq ft), giving an estimated value of £554 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    70 m²

    (753 sq ft)

    Last Sale Price

    £39,651

    Mar 2003

    Estimated Valuation

    £38,810

    Est. £/m²

    £554/m²

    £51/sq ft

    Property Details

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

    Transaction History

    21 Mar 2003

    £39,651

    27 Jun 1997

    £27,000

    Key Metrics

    Estimated valuation£38,810
    Value per m² / sq ft£554/m² (£51/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile1st 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

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