8 Russell Close

    8, RUSSELL CLOSE, WALLSEND, NE28 9JY

    This flat/maisonette leasehold property on Russell Close last sold in August 2024 for £91,000. Based on price growth in the NE28 district since then, its estimated current value is £93,291 — placing it in the 3rd percentile nationally and the 20th percentile within NE28. The property covers 54 m² (581 sq ft), giving an estimated value of £1,728 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £91,000

    Aug 2024

    Estimated Valuation

    £93,291

    Est. £/sq ft

    £161/sq ft

    £1,728/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateAug 2022
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 Aug 2024

    £91,000

    7 Jul 2023

    £85,000

    12 Nov 2019

    £80,000

    4 Jul 2014

    £80,500

    13 May 2011

    New build

    £89,995

    Key Metrics

    Estimated valuation£93,291
    Value per sq ft / m²£161/sq ft (£1,728/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile20th 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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