22 Russell Close

    22, RUSSELL CLOSE, WALLSEND, NE28 9JY

    This terraced freehold property on Russell Close last sold in July 2021 for £155,000. Based on price growth in the NE28 district since then, its estimated current value is £174,317 — placing it in the 18th percentile nationally and the 61st percentile within NE28. The property covers 60 m² (646 sq ft), giving an estimated value of £2,905 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £155,000

    Jul 2021

    Estimated Valuation

    £174,317

    Est. £/sq ft

    £270/sq ft

    £2,905/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area646 sq ft (60 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2021

    £155,000

    4 Mar 2011

    New build

    £134,995

    Key Metrics

    Estimated valuation£174,317
    Value per sq ft / m²£270/sq ft (£2,905/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile61st percentile
    National percentile18th 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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