Red House Station Road

    RED HOUSE, STATION ROAD, WASHINGTON, NE38 7LW

    This detached freehold property on Station Road last sold in July 2016 for £275,000. Based on price growth in the NE38 district since then, its estimated current value is £342,917 — placing it in the 58th percentile nationally and the 89th percentile within NE38. The property covers 287 m² (3,089 sq ft), giving an estimated value of £1,195 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    287 m²

    (3,089 sq ft)

    Last Sale Price

    £275,000

    Jul 2016

    Estimated Valuation

    £342,917

    Est. £/m²

    £1,195/m²

    £111/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area287 m² (3,089 sq ft)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jul 2016

    £275,000

    Key Metrics

    Estimated valuation£342,917
    Value per m² / sq ft£1,195/m² (£111/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile89th percentile
    National percentile58th 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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