14 Russell Close

    14, RUSSELL CLOSE, WALLSEND, NE28 9JY

    This flat/maisonette leasehold property on Russell Close last sold in February 2022 for £85,000. Based on price growth in the NE28 district since then, its estimated current value is £90,014 — placing it in the 3rd percentile nationally and the 19th percentile within NE28. The property covers 52 m² (560 sq ft), giving an estimated value of £1,731 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £85,000

    Feb 2022

    Estimated Valuation

    £90,014

    Est. £/sq ft

    £161/sq ft

    £1,731/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateDec 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    4 Feb 2022

    £85,000

    26 Aug 2011

    New build

    £89,995

    Key Metrics

    Estimated valuation£90,014
    Value per sq ft / m²£161/sq ft (£1,731/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile19th percentile
    National percentile3rd 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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