40 Ovingham Close

    40, OVINGHAM CLOSE, WASHINGTON, NE38 8NP

    This semi-detached freehold property on Ovingham Close last sold in May 2018 for £178,000. Based on price growth in the NE38 district since then, its estimated current value is £222,591 — placing it in the 30th percentile nationally and the 68th percentile within NE38. The property covers 82 m² (883 sq ft), giving an estimated value of £2,715 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    82 m²

    (883 sq ft)

    Last Sale Price

    £178,000

    May 2018

    Estimated Valuation

    £222,591

    Est. £/m²

    £2,715/m²

    £252/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area82 m² (883 sq ft)
    EPC dateDec 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2018

    £178,000

    28 Mar 2014

    £164,950

    Key Metrics

    Estimated valuation£222,591
    Value per m² / sq ft£2,715/m² (£252/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile68th percentile
    National percentile30th 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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