8 Wear Terrace

    8, WEAR TERRACE, WASHINGTON, WASHINGTON, NE38 7AZ

    This flat/maisonette leasehold property on Wear Terrace last sold in October 2008 for £84,900. Based on price growth in the NE38 district since then, its estimated current value is £71,614 — placing it in the 1st percentile nationally and the 7th percentile within NE38. The property covers 65 m² (700 sq ft), giving an estimated value of £1,102 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    65 m²

    (700 sq ft)

    Last Sale Price

    £84,900

    Oct 2008

    Estimated Valuation

    £71,614

    Est. £/m²

    £1,102/m²

    £102/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area65 m² (700 sq ft)
    EPC dateJul 2025
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Oct 2008

    £84,900

    28 Jan 2005

    £75,000

    26 Oct 2001

    £28,000

    Key Metrics

    Estimated valuation£71,614
    Value per m² / sq ft£1,102/m² (£102/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile7th 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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