2 Cedar Terrace

    2, CEDAR TERRACE, WASHINGTON, NE38 9BE

    This semi-detached freehold property on Cedar Terrace last sold in June 2023 for £98,000. Based on price growth in the NE38 district since then, its estimated current value is £102,548 — placing it in the 4th percentile nationally and the 16th percentile within NE38. The property covers 60 m² (646 sq ft), giving an estimated value of £1,709 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £98,000

    Jun 2023

    Estimated Valuation

    £102,548

    Est. £/m²

    £1,709/m²

    £159/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area60 m² (646 sq ft)
    EPC dateSept 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2023

    £98,000

    30 Oct 2020

    £85,000

    29 Jun 2018

    £90,000

    2 Nov 2007

    £100,000

    Key Metrics

    Estimated valuation£102,548
    Value per m² / sq ft£1,709/m² (£159/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile16th percentile
    National percentile4th 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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