62 The Risings

    62, THE RISINGS, WALLSEND, NE28 9PB

    This detached leasehold property on The Risings last sold in November 2023 for £320,000. Based on price growth in the NE28 district since then, its estimated current value is £342,096 — placing it in the 58th percentile nationally and the 97th percentile within NE28. The property covers 125 m² (1,346 sq ft), giving an estimated value of £2,737 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £320,000

    Nov 2023

    Estimated Valuation

    £342,096

    Est. £/sq ft

    £254/sq ft

    £2,737/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,346 sq ft (125 m²)
    EPC dateJan 2018
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2023

    £320,000

    26 Jan 2018

    New build

    £254,000

    Key Metrics

    Estimated valuation£342,096
    Value per sq ft / m²£254/sq ft (£2,737/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile97th percentile
    National percentile58th 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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