6 Fernlea Close

    6, FERNLEA CLOSE, WASHINGTON, NE38 8RR

    This terraced freehold property on Fernlea Close last sold in May 2013 for £80,000. Based on price growth in the NE38 district since then, its estimated current value is £106,365 — placing it in the 5th percentile nationally and the 18th percentile within NE38. The property covers 88 m² (947 sq ft), giving an estimated value of £1,209 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £80,000

    May 2013

    Estimated Valuation

    £106,365

    Est. £/m²

    £1,209/m²

    £112/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area88 m² (947 sq ft)
    EPC dateJan 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 May 2013

    £80,000

    12 Jul 2004

    £89,000

    30 Jun 2000

    £40,000

    Key Metrics

    Estimated valuation£106,365
    Value per m² / sq ft£1,209/m² (£112/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile18th percentile
    National percentile5th 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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