2 Greenwood Close

    2, GREENWOOD CLOSE, WASHINGTON, WASHINGTON, NE38 8LR

    This detached freehold property on Greenwood Close last sold in October 2006 for £290,000. Based on price growth in the NE38 district since then, its estimated current value is £352,661 — placing it in the 60th percentile nationally and the 90th percentile within NE38. The property covers 225 m² (2,422 sq ft), giving an estimated value of £1,567 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    225 m²

    (2,422 sq ft)

    Last Sale Price

    £290,000

    Oct 2006

    Estimated Valuation

    £352,661

    Est. £/m²

    £1,567/m²

    £146/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area225 m² (2,422 sq ft)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2006

    £290,000

    28 Nov 2002

    New build

    £176,875

    Key Metrics

    Estimated valuation£352,661
    Value per m² / sq ft£1,567/m² (£146/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile90th percentile
    National percentile60th 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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