2 Red Roofs Village Lane

    2 RED ROOFS, VILLAGE LANE, WASHINGTON, WASHINGTON, NE38 7HX

    This semi-detached freehold property on Village Lane last sold in April 1996 for £66,950. Based on price growth in the NE38 district since then, its estimated current value is £258,109 — placing it in the 39th percentile nationally and the 76th percentile within NE38. The property covers 135 m² (1,453 sq ft), giving an estimated value of £1,912 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    135 m²

    (1,453 sq ft)

    Last Sale Price

    £66,950

    Apr 1996

    Estimated Valuation

    £258,109

    Est. £/m²

    £1,912/m²

    £178/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageG
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area135 m² (1,453 sq ft)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Apr 1996

    £66,950

    Key Metrics

    Estimated valuation£258,109
    Value per m² / sq ft£1,912/m² (£178/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile76th 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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