7 The Spinney

    7, THE SPINNEY, WASHINGTON, NE38 8RY

    This terraced freehold property on The Spinney last sold in November 2015 for £149,950. Based on price growth in the NE38 district since then, its estimated current value is £191,301 — placing it in the 22nd percentile nationally and the 56th percentile within NE38. The property covers 103 m² (1,109 sq ft), giving an estimated value of £1,857 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    103 m²

    (1,109 sq ft)

    Last Sale Price

    £149,950

    Nov 2015

    Estimated Valuation

    £191,301

    Est. £/m²

    £1,857/m²

    £173/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageG
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area103 m² (1,109 sq ft)
    EPC dateAug 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2015

    £149,950

    17 Feb 2009

    £145,000

    Key Metrics

    Estimated valuation£191,301
    Value per m² / sq ft£1,857/m² (£173/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile56th percentile
    National percentile22nd 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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