2 Vernon Place

    2, VERNON PLACE, NEWBIGGIN-BY-THE-SEA, NE64 6ED

    This terraced freehold property on Vernon Place last sold in August 2020 for £225,000. Based on price growth in the NE64 district since then, its estimated current value is £361,890 — placing it in the 61st percentile nationally and the 97th percentile within NE64. The property covers 95 m² (1,023 sq ft), giving an estimated value of £3,809 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    95 m²

    (1,023 sq ft)

    Last Sale Price

    £225,000

    Aug 2020

    Estimated Valuation

    £361,890

    Est. £/m²

    £3,809/m²

    £354/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area95 m² (1,023 sq ft)
    EPC dateMay 2025
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2020

    £225,000

    1 Jan 2016

    £110,000

    13 Apr 2007

    £135,000

    8 Aug 2002

    £45,000

    Key Metrics

    Estimated valuation£361,890
    Value per m² / sq ft£3,809/m² (£354/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile97th percentile
    National percentile61st 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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