55 Elgin Avenue

    55, ELGIN AVENUE, WALLSEND, NE28 0PH

    This terraced freehold property on Elgin Avenue last sold in April 2016 for £93,000. Based on price growth in the NE28 district since then, its estimated current value is £131,754 — placing it in the 9th percentile nationally and the 39th percentile within NE28. The property covers 79 m² (850 sq ft), giving an estimated value of £1,668 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £93,000

    Apr 2016

    Estimated Valuation

    £131,754

    Est. £/sq ft

    £155/sq ft

    £1,668/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialA
    Floor area850 sq ft (79 m²)
    EPC dateMay 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Apr 2016

    £93,000

    Key Metrics

    Estimated valuation£131,754
    Value per sq ft / m²£155/sq ft (£1,668/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile39th percentile
    National percentile9th 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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