2 East Lea

    2, EAST LEA, NEWBIGGIN-BY-THE-SEA, NE64 6BQ

    This terraced freehold property on East Lea last sold in October 2023 for £85,000. Based on price growth in the NE64 district since then, its estimated current value is £104,953 — placing it in the 4th percentile nationally and the 26th percentile within NE64. The property covers 79 m² (850 sq ft), giving an estimated value of £1,329 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    79 m²

    (850 sq ft)

    Last Sale Price

    £85,000

    Oct 2023

    Estimated Valuation

    £104,953

    Est. £/m²

    £1,329/m²

    £123/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area79 m² (850 sq ft)
    EPC dateJan 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Oct 2023

    £85,000

    25 May 2018

    £42,000

    Key Metrics

    Estimated valuation£104,953
    Value per m² / sq ft£1,329/m² (£123/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile26th percentile
    National percentile4th 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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