27 Rae Avenue

    27, RAE AVENUE, WALLSEND, NE28 9JP

    This semi-detached freehold property on Rae Avenue last sold in March 2014 for £124,950. Based on price growth in the NE28 district since then, its estimated current value is £190,275 — placing it in the 22nd percentile nationally and the 68th percentile within NE28. The property covers 64 m² (689 sq ft), giving an estimated value of £2,973 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £124,950

    Mar 2014

    Estimated Valuation

    £190,275

    Est. £/sq ft

    £276/sq ft

    £2,973/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateJan 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Mar 2014

    £124,950

    25 Feb 2013

    £65,000

    Key Metrics

    Estimated valuation£190,275
    Value per sq ft / m²£276/sq ft (£2,973/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile68th percentile
    National percentile22nd 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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