55 Farndale

    55, FARNDALE, WALLSEND, NE28 8TH

    This terraced leasehold property on Farndale last sold in April 2019 for £125,000. Based on price growth in the NE28 district since then, its estimated current value is £154,853 — placing it in the 13th percentile nationally and the 51st percentile within NE28. The property covers 67 m² (721 sq ft), giving an estimated value of £2,311 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £125,000

    Apr 2019

    Estimated Valuation

    £154,853

    Est. £/sq ft

    £215/sq ft

    £2,311/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateDec 2018
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    18 Apr 2019

    £125,000

    Key Metrics

    Estimated valuation£154,853
    Value per sq ft / m²£215/sq ft (£2,311/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile51st percentile
    National percentile13th 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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