116 East Lea

    116, EAST LEA, NEWBIGGIN-BY-THE-SEA, NE64 6BJ

    This terraced freehold property on East Lea last sold in September 2024 for £62,500. Based on price growth in the NE64 district since then, its estimated current value is £75,484 — placing it in the 1st percentile nationally and the 10th percentile within NE64. The property covers 78 m² (840 sq ft), giving an estimated value of £968 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    78 m²

    (840 sq ft)

    Last Sale Price

    £62,500

    Sept 2024

    Estimated Valuation

    £75,484

    Est. £/m²

    £968/m²

    £90/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area78 m² (840 sq ft)
    EPC dateDec 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2024

    £62,500

    14 Jun 2011

    £15,000

    Key Metrics

    Estimated valuation£75,484
    Value per m² / sq ft£968/m² (£90/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile10th percentile
    National percentile1st percentile

    District Context — NE64

    NE64 covers Whitley Bay and surrounding areas along the North Tyneside coast, north of Newcastle. It is a long-established seaside residential district with a mix of family homes and retirement properties.

    Average Property Price - NE64

    £152,873

    3

    National percentile

    Average Net Household Income - NE64

    £30,116

    8

    National percentile

    10-Year Annualised Price Growth - NE64

    6.1%

    97

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE64

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