7 Chestnut Avenue

    7, CHESTNUT AVENUE, WASHINGTON, WASHINGTON, NE38 9BJ

    This terraced freehold property on Chestnut Avenue last sold in August 1997 for £33,000. Based on price growth in the NE38 district since then, its estimated current value is £122,648 — placing it in the 7th percentile nationally and the 25th percentile within NE38. The property covers 60 m² (646 sq ft), giving an estimated value of £2,044 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £33,000

    Aug 1997

    Estimated Valuation

    £122,648

    Est. £/m²

    £2,044/m²

    £190/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area60 m² (646 sq ft)
    EPC dateJul 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 1997

    £33,000

    Key Metrics

    Estimated valuation£122,648
    Value per m² / sq ft£2,044/m² (£190/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile25th percentile
    National percentile7th 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

    More properties in NE38

    Explore nearby