40 Lancaster Drive

    40, LANCASTER DRIVE, WALLSEND, NE28 9TE

    This detached freehold property on Lancaster Drive last sold in July 2018 for £195,000. Based on price growth in the NE28 district since then, its estimated current value is £253,279 — placing it in the 38th percentile nationally and the 85th percentile within NE28. The property covers 80 m² (861 sq ft), giving an estimated value of £3,166 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £195,000

    Jul 2018

    Estimated Valuation

    £253,279

    Est. £/sq ft

    £294/sq ft

    £3,166/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateMar 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jul 2018

    £195,000

    4 Aug 2015

    £178,000

    24 Mar 2005

    £165,000

    22 Sept 2000

    £68,500

    15 May 1998

    £59,950

    28 Jun 1996

    £57,000

    Key Metrics

    Estimated valuation£253,279
    Value per sq ft / m²£294/sq ft (£3,166/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile85th percentile
    National percentile38th 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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