8 Cranberry Drive

    8, CRANBERRY DRIVE, WASHINGTON, WASHINGTON, NE38 8LN

    This detached leasehold property on Cranberry Drive last sold in July 2002 for £162,000. Based on price growth in the NE38 district since then, its estimated current value is £286,047 — placing it in the 46th percentile nationally and the 82nd percentile within NE38. The property covers 146 m² (1,572 sq ft), giving an estimated value of £1,959 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    146 m²

    (1,572 sq ft)

    Last Sale Price

    £162,000

    Jul 2002

    Estimated Valuation

    £286,047

    Est. £/m²

    £1,959/m²

    £182/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area146 m² (1,572 sq ft)
    EPC dateMar 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jul 2002

    New build

    £162,000

    Key Metrics

    Estimated valuation£286,047
    Value per m² / sq ft£1,959/m² (£182/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile82nd percentile
    National percentile46th 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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