62 Teal Farm Way

    62, TEAL FARM WAY, WASHINGTON, NE38 8BG

    This semi-detached leasehold property on Teal Farm Way last sold in June 2021 for £121,000. Based on price growth in the NE38 district since then, its estimated current value is £131,842 — placing it in the 9th percentile nationally and the 29th percentile within NE38. The property covers 119 m² (1,281 sq ft), giving an estimated value of £1,108 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    119 m²

    (1,281 sq ft)

    Last Sale Price

    £121,000

    Jun 2021

    Estimated Valuation

    £131,842

    Est. £/m²

    £1,108/m²

    £103/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area119 m² (1,281 sq ft)
    EPC dateMay 2019
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2021

    £121,000

    Key Metrics

    Estimated valuation£131,842
    Value per m² / sq ft£1,108/m² (£103/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile29th percentile
    National percentile9th 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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