62 South Terrace

    62, SOUTH TERRACE, WALLSEND, NE28 6QE

    This terraced freehold property on South Terrace last sold in December 2022 for £145,000. Based on price growth in the NE28 district since then, its estimated current value is £155,410 — placing it in the 14th percentile nationally and the 52nd percentile within NE28. The property covers 91 m² (980 sq ft), giving an estimated value of £1,708 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £145,000

    Dec 2022

    Estimated Valuation

    £155,410

    Est. £/sq ft

    £159/sq ft

    £1,708/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area980 sq ft (91 m²)
    EPC dateApr 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2022

    £145,000

    24 Jul 2019

    £127,000

    6 Sept 2007

    £139,000

    16 Mar 2007

    £90,000

    23 Nov 2001

    £35,000

    16 Jul 1996

    New build

    £25,000

    Key Metrics

    Estimated valuation£155,410
    Value per sq ft / m²£159/sq ft (£1,708/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile52nd percentile
    National percentile14th 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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