24 The Spinney

    24, THE SPINNEY, WASHINGTON, NE38 8RY

    This semi-detached freehold property on The Spinney last sold in March 2013 for £133,000. Based on price growth in the NE38 district since then, its estimated current value is £174,075 — placing it in the 18th percentile nationally and the 49th percentile within NE38. The property covers 72 m² (775 sq ft), giving an estimated value of £2,418 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    72 m²

    (775 sq ft)

    Last Sale Price

    £133,000

    Mar 2013

    Estimated Valuation

    £174,075

    Est. £/m²

    £2,418/m²

    £225/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area72 m² (775 sq ft)
    EPC dateNov 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Mar 2013

    £133,000

    8 Jul 2005

    £145,000

    24 Jul 1998

    £56,050

    Key Metrics

    Estimated valuation£174,075
    Value per m² / sq ft£2,418/m² (£225/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile49th percentile
    National percentile18th 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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