15 Fernlea Close

    15, FERNLEA CLOSE, WASHINGTON, WASHINGTON, NE38 8RR

    This terraced freehold property on Fernlea Close last sold in October 2007 for £104,000. Based on price growth in the NE38 district since then, its estimated current value is £128,701 — placing it in the 8th percentile nationally and the 28th percentile within NE38. The property covers 61 m² (657 sq ft), giving an estimated value of £2,110 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    61 m²

    (657 sq ft)

    Last Sale Price

    £104,000

    Oct 2007

    Estimated Valuation

    £128,701

    Est. £/m²

    £2,110/m²

    £196/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area61 m² (657 sq ft)
    EPC dateDec 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Oct 2007

    £104,000

    15 Aug 2003

    £65,000

    5 Sept 1997

    £36,150

    17 Jan 1996

    £28,250

    Key Metrics

    Estimated valuation£128,701
    Value per m² / sq ft£2,110/m² (£196/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile28th percentile
    National percentile8th 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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