44 Rae Avenue

    44, RAE AVENUE, WALLSEND, NE28 9JP

    This terraced leasehold property on Rae Avenue last sold in October 2021 for £136,000. Based on price growth in the NE28 district since then, its estimated current value is £152,949 — placing it in the 13th percentile nationally and the 50th percentile within NE28. The property covers 70 m² (753 sq ft), giving an estimated value of £2,185 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £136,000

    Oct 2021

    Estimated Valuation

    £152,949

    Est. £/sq ft

    £203/sq ft

    £2,185/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Oct 2021

    £136,000

    3 Dec 2020

    £93,000

    15 Jun 2001

    £12,500

    Key Metrics

    Estimated valuation£152,949
    Value per sq ft / m²£203/sq ft (£2,185/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile50th 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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