2 Sherwood Close

    2, SHERWOOD CLOSE, WASHINGTON, NE38 7RJ

    This terraced freehold property on Sherwood Close last sold in January 2019 for £140,000. Based on price growth in the NE38 district since then, its estimated current value is £170,523 — placing it in the 17th percentile nationally and the 48th percentile within NE38. The property covers 82 m² (883 sq ft), giving an estimated value of £2,080 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    82 m²

    (883 sq ft)

    Last Sale Price

    £140,000

    Jan 2019

    Estimated Valuation

    £170,523

    Est. £/m²

    £2,080/m²

    £193/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area82 m² (883 sq ft)
    EPC dateJun 2018
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    18 Jan 2019

    £140,000

    Key Metrics

    Estimated valuation£170,523
    Value per m² / sq ft£2,080/m² (£193/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile48th percentile
    National percentile17th 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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