7 Lancaster Drive

    7, LANCASTER DRIVE, WALLSEND, NE28 9TE

    This detached freehold property on Lancaster Drive last sold in June 2018 for £239,950. Based on price growth in the NE28 district since then, its estimated current value is £311,663 — placing it in the 52nd percentile nationally and the 93rd percentile within NE28. The property covers 112 m² (1,206 sq ft), giving an estimated value of £2,783 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £239,950

    Jun 2018

    Estimated Valuation

    £311,663

    Est. £/sq ft

    £259/sq ft

    £2,783/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateOct 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2018

    £239,950

    3 Feb 2012

    £187,000

    Key Metrics

    Estimated valuation£311,663
    Value per sq ft / m²£259/sq ft (£2,783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile93rd percentile
    National percentile52nd 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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