16 Forest Drive

    16, FOREST DRIVE, WASHINGTON, NE38 9JD

    This detached freehold property on Forest Drive last sold in May 2022 for £390,000. Based on price growth in the NE38 district since then, its estimated current value is £418,745 — placing it in the 70th percentile nationally and the 95th percentile within NE38. The property covers 188 m² (2,024 sq ft), giving an estimated value of £2,227 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    188 m²

    (2,024 sq ft)

    Last Sale Price

    £390,000

    May 2022

    Estimated Valuation

    £418,745

    Est. £/m²

    £2,227/m²

    £207/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area188 m² (2,024 sq ft)
    EPC dateFeb 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 May 2022

    £390,000

    Key Metrics

    Estimated valuation£418,745
    Value per m² / sq ft£2,227/m² (£207/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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