45 Fernlea Close

    45, FERNLEA CLOSE, WASHINGTON, NE38 8RR

    This terraced freehold property on Fernlea Close last sold in February 2023 for £54,000. Based on price growth in the NE38 district since then, its estimated current value is £57,116 — placing it in the 0th percentile nationally and the 4th percentile within NE38. The property covers 120 m² (1,292 sq ft), giving an estimated value of £476 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    120 m²

    (1,292 sq ft)

    Last Sale Price

    £54,000

    Feb 2023

    Estimated Valuation

    £57,116

    Est. £/m²

    £476/m²

    £44/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area120 m² (1,292 sq ft)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Feb 2023

    £54,000

    Key Metrics

    Estimated valuation£57,116
    Value per m² / sq ft£476/m² (£44/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile4th percentile
    National percentile0th 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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