2 Megstone Close

    2, MEGSTONE CLOSE, SEAHOUSES, NE68 7XJ

    This detached freehold property on Megstone Close last sold in November 2020 for £259,000. Based on price growth in the NE68 district since then, its estimated current value is £345,620 — placing it in the 58th percentile nationally and the 67th percentile within NE68. The property covers 68 m² (732 sq ft), giving an estimated value of £5,083 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    68 m²

    (732 sq ft)

    Last Sale Price

    £259,000

    Nov 2020

    Estimated Valuation

    £345,620

    Est. £/m²

    £5,083/m²

    £472/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area68 m² (732 sq ft)
    EPC dateSept 2020
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    13 Nov 2020

    £259,000

    12 Jun 1997

    £65,000

    Key Metrics

    Estimated valuation£345,620
    Value per m² / sq ft£5,083/m² (£472/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE68 district percentile67th percentile
    National percentile58th 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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