2 Twin Palms South Lane

    2 TWIN PALMS, SOUTH LANE, NORTH SUNDERLAND, SEAHOUSES, NE68 7UN

    This detached freehold property on South Lane last sold in May 2019 for £350,000. Based on price growth in the NE68 district since then, its estimated current value is £473,852 — placing it in the 76th percentile nationally and the 88th percentile within NE68. The property covers 171 m² (1,841 sq ft), giving an estimated value of £2,771 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    171 m²

    (1,841 sq ft)

    Last Sale Price

    £350,000

    May 2019

    Estimated Valuation

    £473,852

    Est. £/m²

    £2,771/m²

    £257/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fueloil (not community)
    EPC currentC
    EPC potentialB
    Floor area171 m² (1,841 sq ft)
    EPC dateNov 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    21 May 2019

    £350,000

    Key Metrics

    Estimated valuation£473,852
    Value per m² / sq ft£2,771/m² (£257/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE68 district percentile88th percentile
    National percentile76th percentile

    District Context — NE68

    NE68 covers the coastal area around Whitley Bay and Tynemouth in North Tyneside, sitting northeast of Newcastle. It is a well-established seaside neighbourhood with a mature character and strong residential appeal.

    Average Property Price - NE68

    £303,676

    43

    National percentile

    Average Net Household Income - NE68

    £31,017

    11

    National percentile

    10-Year Annualised Price Growth - NE68

    5.4%

    93

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE68

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