29 Rae Avenue

    29, RAE AVENUE, WALLSEND, NE28 9JP

    This semi-detached leasehold property on Rae Avenue last sold in March 2016 for £105,000. Based on price growth in the NE28 district since then, its estimated current value is £141,896 — placing it in the 11th percentile nationally and the 44th percentile within NE28. The property covers 58 m² (624 sq ft), giving an estimated value of £2,446 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £105,000

    Mar 2016

    Estimated Valuation

    £141,896

    Est. £/sq ft

    £227/sq ft

    £2,446/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2016

    £105,000

    27 Jul 2011

    £89,501

    24 May 2002

    £49,950

    15 Jun 2001

    £12,500

    Key Metrics

    Estimated valuation£141,896
    Value per sq ft / m²£227/sq ft (£2,446/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile44th percentile
    National percentile11th 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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