15 Lanchester

    15, LANCHESTER, WASHINGTON, NE38 8SR

    This detached freehold property on Lanchester last sold in June 2016 for £335,000. Based on price growth in the NE38 district since then, its estimated current value is £417,736 — placing it in the 70th percentile nationally and the 95th percentile within NE38. The property covers 198 m² (2,131 sq ft), giving an estimated value of £2,110 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    198 m²

    (2,131 sq ft)

    Last Sale Price

    £335,000

    Jun 2016

    Estimated Valuation

    £417,736

    Est. £/m²

    £2,110/m²

    £196/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area198 m² (2,131 sq ft)
    EPC dateMar 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2016

    £335,000

    22 Nov 2002

    £237,000

    Key Metrics

    Estimated valuation£417,736
    Value per m² / sq ft£2,110/m² (£196/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile95th percentile
    National percentile70th 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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