2 Elm Terrace

    2, ELM TERRACE, WALLSEND, NE28 7NU

    This terraced freehold property on Elm Terrace last sold in September 2023 for £385,000. Based on price growth in the NE28 district since then, its estimated current value is £399,220 — placing it in the 67th percentile nationally and the 99th percentile within NE28. The property covers 191 m² (2,056 sq ft), giving an estimated value of £2,090 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,056 sq ft

    191 m²

    Last Sale Price

    £385,000

    Sept 2023

    Estimated Valuation

    £399,220

    Est. £/sq ft

    £194/sq ft

    £2,090/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,056 sq ft (191 m²)
    EPC dateAug 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Sept 2023

    £385,000

    24 Oct 2005

    £195,000

    Key Metrics

    Estimated valuation£399,220
    Value per sq ft / m²£194/sq ft (£2,090/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile99th percentile
    National percentile67th 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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