48 Richardson Street

    48, RICHARDSON STREET, WALLSEND, NE28 7PS

    This flat/maisonette freehold property on Richardson Street last sold in April 2012 for £60,000. Based on price growth in the NE28 district since then, its estimated current value is £80,778 — placing it in the 2nd percentile nationally and the 13th percentile within NE28. The property covers 72 m² (775 sq ft), giving an estimated value of £1,122 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £60,000

    Apr 2012

    Estimated Valuation

    £80,778

    Est. £/sq ft

    £104/sq ft

    £1,122/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateJun 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Apr 2012

    £60,000

    26 Jul 2002

    £22,000

    Key Metrics

    Estimated valuation£80,778
    Value per sq ft / m²£104/sq ft (£1,122/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile13th percentile
    National percentile2nd 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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