2 Musgrave Terrace

    2, MUSGRAVE TERRACE, WASHINGTON, WASHINGTON, NE38 7HR

    This terraced freehold property on Musgrave Terrace last sold in June 1996 for £33,000. Based on price growth in the NE38 district since then, its estimated current value is £126,754 — placing it in the 8th percentile nationally and the 26th percentile within NE38. The property covers 143 m² (1,539 sq ft), giving an estimated value of £886 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    143 m²

    (1,539 sq ft)

    Last Sale Price

    £33,000

    Jun 1996

    Estimated Valuation

    £126,754

    Est. £/m²

    £886/m²

    £82/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area143 m² (1,539 sq ft)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jun 1996

    £33,000

    31 Aug 1995

    £15,000

    Key Metrics

    Estimated valuation£126,754
    Value per m² / sq ft£886/m² (£82/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile26th percentile
    National percentile8th 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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