55 Laing Grove

    55, LAING GROVE, WALLSEND, WALLSEND, NE28 0DF

    This flat/maisonette leasehold property on Laing Grove last sold in June 1996 for £28,500. Based on price growth in the NE28 district since then, its estimated current value is £108,763 — placing it in the 5th percentile nationally and the 28th percentile within NE28. The property covers 47 m² (506 sq ft), giving an estimated value of £2,314 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £28,500

    Jun 1996

    Estimated Valuation

    £108,763

    Est. £/sq ft

    £215/sq ft

    £2,314/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jun 1996

    £28,500

    Key Metrics

    Estimated valuation£108,763
    Value per sq ft / m²£215/sq ft (£2,314/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile28th percentile
    National percentile5th percentile

    District Context — NE28

    NE28 covers Tynemouth and surrounding areas on the North Tyne coast, northeast of Newcastle. It is a established residential district with a mix of suburban and coastal communities.

    Average Property Price - NE28

    £172,636

    7

    National percentile

    Average Net Household Income - NE28

    £31,921

    13

    National percentile

    10-Year Annualised Price Growth - NE28

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE28

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