40 Albert Avenue

    40, ALBERT AVENUE, WALLSEND, NE28 8RZ

    This flat/maisonette leasehold property on Albert Avenue last sold in March 2024 for £66,000. Based on price growth in the NE28 district since then, its estimated current value is £67,662 — placing it in the 1st percentile nationally and the 7th percentile within NE28. The property covers 59 m² (635 sq ft), giving an estimated value of £1,147 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £66,000

    Mar 2024

    Estimated Valuation

    £67,662

    Est. £/sq ft

    £107/sq ft

    £1,147/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateFeb 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2024

    £66,000

    8 Dec 2006

    £78,000

    12 Nov 2004

    £73,000

    20 Jun 1996

    £25,000

    Key Metrics

    Estimated valuation£67,662
    Value per sq ft / m²£107/sq ft (£1,147/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile7th percentile
    National percentile1st 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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