124 East Lea

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

    This terraced freehold property on East Lea last sold in December 2021 for £23,000. Based on price growth in the NE64 district since then, its estimated current value is £27,930 — placing it in the 0th percentile nationally and the 0th percentile within NE64. The property covers 64 m² (689 sq ft), giving an estimated value of £436 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £23,000

    Dec 2021

    Estimated Valuation

    £27,930

    Est. £/m²

    £436/m²

    £41/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelwood logs
    EPC currentD
    EPC potentialB
    Floor area64 m² (689 sq ft)
    EPC dateNov 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, wood logs

    Transaction History

    17 Dec 2021

    £23,000

    Key Metrics

    Estimated valuation£27,930
    Value per m² / sq ft£436/m² (£41/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile0th percentile
    National percentile0th 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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