31 Spout Lane

    31, SPOUT LANE, WASHINGTON, NE38 7HN

    This terraced freehold property on Spout Lane last sold in April 2024 for £230,000. Based on price growth in the NE38 district since then, its estimated current value is £254,677 — placing it in the 39th percentile nationally and the 75th percentile within NE38. The property covers 198 m² (2,131 sq ft), giving an estimated value of £1,286 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    198 m²

    (2,131 sq ft)

    Last Sale Price

    £230,000

    Apr 2024

    Estimated Valuation

    £254,677

    Est. £/m²

    £1,286/m²

    £119/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area198 m² (2,131 sq ft)
    EPC dateJun 2021
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Apr 2024

    £230,000

    Key Metrics

    Estimated valuation£254,677
    Value per m² / sq ft£1,286/m² (£119/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile75th percentile
    National percentile39th 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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