Oakleigh Vigo Lane

    OAKLEIGH, VIGO LANE, RICKLETON, WASHINGTON, NE38 9EJ

    This detached freehold property on Vigo Lane last sold in October 2024 for £350,000. Based on price growth in the NE38 district since then, its estimated current value is £327,979 — placing it in the 55th percentile nationally and the 87th percentile within NE38. The property covers 106 m² (1,141 sq ft), giving an estimated value of £3,094 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    106 m²

    (1,141 sq ft)

    Last Sale Price

    £350,000

    Oct 2024

    Estimated Valuation

    £327,979

    Est. £/m²

    £3,094/m²

    £287/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area106 m² (1,141 sq ft)
    EPC dateSept 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Oct 2024

    £350,000

    24 Sept 2020

    £280,000

    Key Metrics

    Estimated valuation£327,979
    Value per m² / sq ft£3,094/m² (£287/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile87th percentile
    National percentile55th 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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