29 Cranberry Drive

    29, CRANBERRY DRIVE, WASHINGTON, NE38 8LN

    This detached leasehold property on Cranberry Drive last sold in November 2012 for £262,500. Based on price growth in the NE38 district since then, its estimated current value is £368,050 — placing it in the 62nd percentile nationally and the 92nd percentile within NE38. The property covers 157 m² (1,690 sq ft), giving an estimated value of £2,344 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    157 m²

    (1,690 sq ft)

    Last Sale Price

    £262,500

    Nov 2012

    Estimated Valuation

    £368,050

    Est. £/m²

    £2,344/m²

    £218/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area157 m² (1,690 sq ft)
    EPC dateApr 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Nov 2012

    £262,500

    18 Dec 2002

    New build

    £205,000

    Key Metrics

    Estimated valuation£368,050
    Value per m² / sq ft£2,344/m² (£218/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile92nd percentile
    National percentile62nd 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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