7 The Parade

    7, THE PARADE, WASHINGTON, NE38 7DP

    This terraced freehold property on The Parade last sold in August 2022 for £100,000. Based on price growth in the NE38 district since then, its estimated current value is £112,888 — placing it in the 6th percentile nationally and the 20th percentile within NE38. The property covers 65 m² (700 sq ft), giving an estimated value of £1,737 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    65 m²

    (700 sq ft)

    Last Sale Price

    £100,000

    Aug 2022

    Estimated Valuation

    £112,888

    Est. £/m²

    £1,737/m²

    £161/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area65 m² (700 sq ft)
    EPC dateApr 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2022

    £100,000

    14 Oct 2011

    £78,000

    31 Jul 1995

    £31,500

    Key Metrics

    Estimated valuation£112,888
    Value per m² / sq ft£1,737/m² (£161/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile20th percentile
    National percentile6th 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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