23 Rae Avenue

    23, RAE AVENUE, WALLSEND, WALLSEND, NE28 9JP

    This semi-detached leasehold property on Rae Avenue last sold in June 2004 for £107,000. Based on price growth in the NE28 district since then, its estimated current value is £179,196 — placing it in the 19th percentile nationally and the 64th percentile within NE28. The property covers 77 m² (829 sq ft), giving an estimated value of £2,327 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £107,000

    Jun 2004

    Estimated Valuation

    £179,196

    Est. £/sq ft

    £216/sq ft

    £2,327/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2004

    £107,000

    26 Sept 1997

    £47,000

    Key Metrics

    Estimated valuation£179,196
    Value per sq ft / m²£216/sq ft (£2,327/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile64th percentile
    National percentile19th 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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