2 Hill Rise

    2, HILL RISE, WASHINGTON, WASHINGTON, NE38 7HJ

    This terraced leasehold property on Hill Rise last sold in April 1997 for £62,500. Based on price growth in the NE38 district since then, its estimated current value is £232,288 — placing it in the 33rd percentile nationally and the 70th percentile within NE38. The property covers 75 m² (807 sq ft), giving an estimated value of £3,097 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    75 m²

    (807 sq ft)

    Last Sale Price

    £62,500

    Apr 1997

    Estimated Valuation

    £232,288

    Est. £/m²

    £3,097/m²

    £288/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area75 m² (807 sq ft)
    EPC dateMar 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Apr 1997

    £62,500

    31 Mar 1995

    £7,000

    Key Metrics

    Estimated valuation£232,288
    Value per m² / sq ft£3,097/m² (£288/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile70th percentile
    National percentile33rd 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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