31 The Covers

    31, THE COVERS, WALLSEND, WALLSEND, NE28 7QQ

    This detached leasehold property on The Covers last sold in February 2001 for £133,500. Based on price growth in the NE28 district since then, its estimated current value is £428,268 — placing it in the 71st percentile nationally and the 99th percentile within NE28. The property covers 103 m² (1,109 sq ft), giving an estimated value of £4,158 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £133,500

    Feb 2001

    Estimated Valuation

    £428,268

    Est. £/sq ft

    £386/sq ft

    £4,158/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,109 sq ft (103 m²)
    EPC dateJan 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2001

    New build

    £133,500

    Key Metrics

    Estimated valuation£428,268
    Value per sq ft / m²£386/sq ft (£4,158/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile99th percentile
    National percentile71st 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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