124 Lancaster Drive

    124, LANCASTER DRIVE, WALLSEND, NE28 9TF

    This semi-detached freehold property on Lancaster Drive last sold in November 2020 for £169,000. Based on price growth in the NE28 district since then, its estimated current value is £207,234 — placing it in the 26th percentile nationally and the 73rd percentile within NE28. The property covers 73 m² (786 sq ft), giving an estimated value of £2,839 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £169,000

    Nov 2020

    Estimated Valuation

    £207,234

    Est. £/sq ft

    £264/sq ft

    £2,839/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Nov 2020

    £169,000

    1 Oct 2015

    £142,000

    21 Jan 2011

    £133,000

    21 Aug 2002

    £75,000

    Key Metrics

    Estimated valuation£207,234
    Value per sq ft / m²£264/sq ft (£2,839/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile73rd percentile
    National percentile26th 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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