5 Wear Terrace

    5, WEAR TERRACE, WASHINGTON, NE38 7AZ

    This flat/maisonette leasehold property on Wear Terrace last sold in August 2010 for £65,000. Based on price growth in the NE38 district since then, its estimated current value is £52,304 — placing it in the 0th percentile nationally and the 3rd percentile within NE38. The property covers 57 m² (614 sq ft), giving an estimated value of £918 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    57 m²

    (614 sq ft)

    Last Sale Price

    £65,000

    Aug 2010

    Estimated Valuation

    £52,304

    Est. £/m²

    £918/m²

    £85/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area57 m² (614 sq ft)
    EPC dateJan 2026
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Aug 2010

    £65,000

    18 Jan 2002

    £31,000

    Key Metrics

    Estimated valuation£52,304
    Value per m² / sq ft£918/m² (£85/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

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