38 Elgin Avenue

    38, ELGIN AVENUE, WALLSEND, NE28 0PJ

    This semi-detached freehold property on Elgin Avenue last sold in September 2019 for £122,500. Based on price growth in the NE28 district since then, its estimated current value is £161,093 — placing it in the 15th percentile nationally and the 55th percentile within NE28. The property covers 47 m² (506 sq ft), giving an estimated value of £3,428 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £122,500

    Sept 2019

    Estimated Valuation

    £161,093

    Est. £/sq ft

    £318/sq ft

    £3,428/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Sept 2019

    £122,500

    7 Mar 1997

    New build

    £34,950

    Key Metrics

    Estimated valuation£161,093
    Value per sq ft / m²£318/sq ft (£3,428/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile55th percentile
    National percentile15th 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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