3 Park Avenue

    3, PARK AVENUE, WALLSEND, NE28 8DE

    This terraced freehold property on Park Avenue last sold in January 2023 for £252,250. Based on price growth in the NE28 district since then, its estimated current value is £261,567 — placing it in the 40th percentile nationally and the 87th percentile within NE28. The property covers 169 m² (1,819 sq ft), giving an estimated value of £1,548 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,819 sq ft

    169 m²

    Last Sale Price

    £252,250

    Jan 2023

    Estimated Valuation

    £261,567

    Est. £/sq ft

    £144/sq ft

    £1,548/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,819 sq ft (169 m²)
    EPC dateMay 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jan 2023

    £252,250

    21 Jul 2003

    £100,000

    Key Metrics

    Estimated valuation£261,567
    Value per sq ft / m²£144/sq ft (£1,548/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile87th percentile
    National percentile40th 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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