5 The Covers

    5, THE COVERS, WALLSEND, NE28 7QQ

    This detached freehold property on The Covers last sold in July 2022 for £298,000. Based on price growth in the NE28 district since then, its estimated current value is £338,598 — placing it in the 57th percentile nationally and the 96th percentile within NE28. The property covers 108 m² (1,163 sq ft), giving an estimated value of £3,135 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £298,000

    Jul 2022

    Estimated Valuation

    £338,598

    Est. £/sq ft

    £291/sq ft

    £3,135/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,163 sq ft (108 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jul 2022

    £298,000

    22 Sept 2000

    New build

    £108,400

    Key Metrics

    Estimated valuation£338,598
    Value per sq ft / m²£291/sq ft (£3,135/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile96th percentile
    National percentile57th 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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