40 Rae Avenue

    40, RAE AVENUE, WALLSEND, NE28 9JP

    This semi-detached leasehold property on Rae Avenue last sold in October 2025 for £160,000. Based on price growth in the NE28 district since then, its estimated current value is £160,000 — placing it in the 15th percentile nationally and the 54th percentile within NE28. The property covers 67 m² (721 sq ft), giving an estimated value of £2,388 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £160,000

    Oct 2025

    Estimated Valuation

    £160,000

    Est. £/sq ft

    £222/sq ft

    £2,388/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area721 sq ft (67 m²)
    EPC dateJul 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Oct 2025

    £160,000

    18 Sept 2009

    £99,950

    15 Jun 2007

    £118,000

    15 Jun 2001

    £12,500

    31 Jul 1998

    £38,000

    Key Metrics

    Estimated valuation£160,000
    Value per sq ft / m²£222/sq ft (£2,388/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile54th percentile
    National percentile15th 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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