51 Rae Avenue

    51, RAE AVENUE, WALLSEND, NE28 9JP

    This semi-detached leasehold property on Rae Avenue last sold in March 2019 for £108,000. Based on price growth in the NE28 district since then, its estimated current value is £142,025 — placing it in the 11th percentile nationally and the 44th percentile within NE28. The property covers 78 m² (840 sq ft), giving an estimated value of £1,821 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £108,000

    Mar 2019

    Estimated Valuation

    £142,025

    Est. £/sq ft

    £169/sq ft

    £1,821/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJan 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2019

    £108,000

    19 Dec 2014

    £103,000

    15 Aug 2003

    £65,000

    15 Jun 2001

    £12,500

    Key Metrics

    Estimated valuation£142,025
    Value per sq ft / m²£169/sq ft (£1,821/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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