16 The Covers

    16, THE COVERS, WALLSEND, NE28 7QQ

    This detached leasehold property on The Covers last sold in October 2015 for £195,000. Based on price growth in the NE28 district since then, its estimated current value is £264,524 — placing it in the 41st percentile nationally and the 87th percentile within NE28. The property covers 97 m² (1,044 sq ft), giving an estimated value of £2,727 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £195,000

    Oct 2015

    Estimated Valuation

    £264,524

    Est. £/sq ft

    £253/sq ft

    £2,727/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateJul 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Oct 2015

    £195,000

    21 Aug 2009

    £174,999

    3 Nov 2000

    New build

    £87,500

    Key Metrics

    Estimated valuation£264,524
    Value per sq ft / m²£253/sq ft (£2,727/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile87th percentile
    National percentile41st 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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