5 Grasmere Terrace

    5, GRASMERE TERRACE, NEWBIGGIN-BY-THE-SEA, NE64 6PA

    This terraced freehold property on Grasmere Terrace last sold in February 2015 for £122,000. Based on price growth in the NE64 district since then, its estimated current value is £229,124 — placing it in the 32nd percentile nationally and the 85th percentile within NE64. The property covers 121 m² (1,302 sq ft), giving an estimated value of £1,894 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    121 m²

    (1,302 sq ft)

    Last Sale Price

    £122,000

    Feb 2015

    Estimated Valuation

    £229,124

    Est. £/m²

    £1,894/m²

    £176/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area121 m² (1,302 sq ft)
    EPC dateMar 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Feb 2015

    £122,000

    26 May 2004

    £117,000

    Key Metrics

    Estimated valuation£229,124
    Value per m² / sq ft£1,894/m² (£176/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile85th percentile
    National percentile32nd 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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