125 East Lea

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

    This terraced freehold property on East Lea last sold in May 2018 for £35,000. Based on price growth in the NE64 district since then, its estimated current value is £65,024 — placing it in the 1st percentile nationally and the 6th percentile within NE64. The property covers 62 m² (667 sq ft), giving an estimated value of £1,049 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    62 m²

    (667 sq ft)

    Last Sale Price

    £35,000

    May 2018

    Estimated Valuation

    £65,024

    Est. £/m²

    £1,049/m²

    £97/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelsmokeless coal
    EPC currentF
    EPC potentialC
    Floor area62 m² (667 sq ft)
    EPC dateJan 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, smokeless fuel

    Transaction History

    30 May 2018

    £35,000

    Key Metrics

    Estimated valuation£65,024
    Value per m² / sq ft£1,049/m² (£97/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile6th 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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