8 Forest Drive

    8, FOREST DRIVE, WASHINGTON, NE38 9JD

    This detached freehold property on Forest Drive last sold in January 2017 for £420,000. Based on price growth in the NE38 district since then, its estimated current value is £474,826 — placing it in the 76th percentile nationally and the 96th percentile within NE38. The property covers 125 m² (1,346 sq ft), giving an estimated value of £3,799 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    125 m²

    (1,346 sq ft)

    Last Sale Price

    £420,000

    Jan 2017

    Estimated Valuation

    £474,826

    Est. £/m²

    £3,799/m²

    £353/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area125 m² (1,346 sq ft)
    EPC dateApr 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jan 2017

    £420,000

    24 Jun 2016

    £390,000

    Key Metrics

    Estimated valuation£474,826
    Value per m² / sq ft£3,799/m² (£353/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile96th percentile
    National percentile76th 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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