2 New Road

    2, NEW ROAD, WASHINGTON, NE38 9AT

    This detached freehold property on New Road last sold in June 2016 for £228,000. Based on price growth in the NE38 district since then, its estimated current value is £284,310 — placing it in the 46th percentile nationally and the 81st percentile within NE38. The property covers 153 m² (1,647 sq ft), giving an estimated value of £1,858 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    153 m²

    (1,647 sq ft)

    Last Sale Price

    £228,000

    Jun 2016

    Estimated Valuation

    £284,310

    Est. £/m²

    £1,858/m²

    £173/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area153 m² (1,647 sq ft)
    EPC dateJan 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2016

    £228,000

    14 Aug 2002

    £165,000

    Key Metrics

    Estimated valuation£284,310
    Value per m² / sq ft£1,858/m² (£173/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile81st percentile
    National percentile46th 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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