42 Fernlea Close

    42, FERNLEA CLOSE, WASHINGTON, NE38 8RR

    This semi-detached freehold property on Fernlea Close last sold in May 2022 for £124,950. Based on price growth in the NE38 district since then, its estimated current value is £138,531 — placing it in the 10th percentile nationally and the 33rd percentile within NE38. The property covers 88 m² (947 sq ft), giving an estimated value of £1,574 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £124,950

    May 2022

    Estimated Valuation

    £138,531

    Est. £/m²

    £1,574/m²

    £146/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area88 m² (947 sq ft)
    EPC dateFeb 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2022

    £124,950

    24 Mar 2016

    £96,000

    4 Apr 2014

    £95,000

    29 Jul 2009

    £96,000

    Key Metrics

    Estimated valuation£138,531
    Value per m² / sq ft£1,574/m² (£146/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile33rd percentile
    National percentile10th 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

    More properties in NE38

    Explore nearby