36b Derwent Terrace

    36B, DERWENT TERRACE, WASHINGTON, NE38 7AT

    This flat/maisonette leasehold property on Derwent Terrace last sold in November 2019 for £88,000. Based on price growth in the NE38 district since then, its estimated current value is £74,676 — placing it in the 1st percentile nationally and the 8th percentile within NE38. The property covers 87 m² (936 sq ft), giving an estimated value of £858 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    87 m²

    (936 sq ft)

    Last Sale Price

    £88,000

    Nov 2019

    Estimated Valuation

    £74,676

    Est. £/m²

    £858/m²

    £80/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area87 m² (936 sq ft)
    EPC dateOct 2015
    WallsCavity wall, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2019

    £88,000

    19 Apr 2016

    £85,000

    Key Metrics

    Estimated valuation£74,676
    Value per m² / sq ft£858/m² (£80/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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