28 Rivermead

    28, RIVERMEAD, WASHINGTON, NE38 8RE

    This flat/maisonette leasehold property on Rivermead last sold in December 2021 for £73,000. Based on price growth in the NE38 district since then, its estimated current value is £70,143 — placing it in the 1st percentile nationally and the 7th percentile within NE38. The property covers 61 m² (657 sq ft), giving an estimated value of £1,150 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    61 m²

    (657 sq ft)

    Last Sale Price

    £73,000

    Dec 2021

    Estimated Valuation

    £70,143

    Est. £/m²

    £1,150/m²

    £107/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area61 m² (657 sq ft)
    EPC dateJul 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2021

    £73,000

    Key Metrics

    Estimated valuation£70,143
    Value per m² / sq ft£1,150/m² (£107/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile7th percentile
    National percentile1st 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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