Park Terrace - NE37 2QX
Key Street Insights
Park Terrace is a residential street with 4 addresses.
It ranks as the 78th largest and 509th most expensive of the 1,253 streets in the NE37 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 4 properties: 3 houses and 1 other property.
- Ave. Sale Price
- £118,908
- 10 Year change
- up 34.0%
- Ave. Rental Price
- £881pcm
- 10 Year change
- up 51.0%
- Ave. £ per ft²
- £152/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Key Street Insights
Park Terrace is a residential street with 4 addresses.
It ranks as the 78th largest and 509th most expensive of the 1,253 streets in the NE37 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 4 properties: 3 houses and 1 other property.
- Ave. Sale Price
- £118,908
- 10 Year change
- up 34.0%
- Ave. Rental Price
- £881pcm
- 10 Year change
- up 51.0%
- Ave. £ per ft²
- £152/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Explore Properties on Park Terrace, Washington, NE37
- 1 Park Terrace
3 Bed Early-century House
- 2 Park Terrace
3 Bed Early-century House
- 3 Park Terrace
2 Bed Early-century House
- 4 Park Terrace
House
Sales Market Trends
The last sale on Park Terrace sold for £60,000 on 28th March 2022. Since then prices are up an average of 12.4%.
The current average value in the street is £118,908.
The Park Terrace Sales Market has increased by 34.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1% | £118,908 |
| July 2025 | 4.9% | £120,094 |
| July 2024 | 4.2% | £114,489 |
| July 2023 | 0.3% | £109,831 |
| July 2022 | 7.7% | £109,488 |
| July 2021 | 8.2% | £101,643 |
| July 2020 | 2.1% | £93,972 |
| July 2019 | 3.2% | £92,026 |
| July 2018 | -2% | £89,136 |
| July 2017 | 2.5% | £90,930 |
| July 2016 | 1.7% | £88,752 |
| July 2015 | 0.2% | £87,292 |
| July 2014 | 2.7% | £87,158 |
| July 2013 | -0.5% | £84,843 |
| July 2012 | -1.7% | £85,261 |
| July 2011 | -4.3% | £86,710 |
| July 2010 | -1.7% | £90,635 |
| July 2009 | -11.7% | £92,220 |
| July 2008 | -2.9% | £104,494 |
| July 2007 | 0% | £107,578 |
Rental Market Trends
The current average rental value in the street is £881.
The Park Terrace Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.8% | £881pcm |
| July 2025 | 5.6% | £848pcm |
| July 2024 | 9.2% | £803pcm |
| July 2023 | 6.8% | £736pcm |
| July 2022 | 9.3% | £689pcm |
| July 2021 | 4.1% | £630pcm |
| July 2020 | 2.4% | £605pcm |
| July 2019 | 0% | £591pcm |
| July 2018 | 1.1% | £591pcm |
| July 2017 | 0.3% | £585pcm |
| July 2016 | 0.2% | £583pcm |
| July 2015 | -0.3% | £582pcm |
| July 2014 | -0.6% | £583pcm |
| July 2013 | -0.5% | £587pcm |
| July 2012 | -2.5% | £590pcm |
| July 2011 | -0.3% | £605pcm |
| July 2010 | -0.6% | £607pcm |
| July 2009 | -6.1% | £610pcm |
| July 2008 | 4.7% | £650pcm |
| July 2007 | 0% | £621pcm |
Sales History
The last recorded sale was on 28th March 2022 for £60,000 and since then the market in the area has increased by 12.4%.
Park Terrace, Washington, NE37 has had 3 sales since 1995, none of them in the last three years.
- Sold Mar 2022£60,000 | 3 Bed House1, Park Terrace, Washington, NE37 2QX1, Park Terrace, Washington, NE37 2QX
- Sold Jun 2008£110,000 | 3 Bed House2, Park Terrace, Washington, NE37 2QX2, Park Terrace, Washington, NE37 2QX
- Sold Mar 2005£55,000 | 3 Bed House2, Park Terrace, Washington, NE37 2QX2, Park Terrace, Washington, NE37 2QX
Top 3 Most Expensive Sales
- Sold Jun 2008£110,000 | 3 Bed House2, Park Terrace, Washington, NE37 2QX2, Park Terrace, Washington, NE37 2QX
- Sold Mar 2022£60,000 | 3 Bed House1, Park Terrace, Washington, NE37 2QX1, Park Terrace, Washington, NE37 2QX
- Sold Mar 2005£55,000 | 3 Bed House2, Park Terrace, Washington, NE37 2QX2, Park Terrace, Washington, NE37 2QX
Nearby Streets
Park Terrace, Washington, NE37 is the 78th largest and the 509th most expensive street in the NE37 area.
- Park Grove, Washington, NE374 Addresses|43 m away
- Park Avenue, Washington, NE3780 Addresses|105 m away
- Tyne Gardens, Washington, NE3778 Addresses|125 m away
- Heworth Road, Washington, NE3726 Addresses|126 m away
- High Row, Washington, NE3726 Addresses|140 m away
- Heworth Crescent, Washington, NE3732 Addresses|144 m away
Property Types
- 3 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- early-century house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (1)
Schools Nearby
- St Bede's Catholic Primary School, Washington400 m away
- Usworth Colliery Primary School500 m away
- George Washington Primary School800 m away
- Washington Academy900 m away
- Oxclose Community Academy2.6 km away
- Biddick Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to Park Terrace, Washington, NE37 - NE37 2QX is Heworth station, which is 4.4 kilometres away.
- Heworth|4.4 km away
- Chester-le-Street|7.7 km away
- Manors|8.1 km away
