50 The Risings

    50, THE RISINGS, WALLSEND, NE28 9PB

    This detached leasehold property on The Risings last sold in September 2022 for £250,000. Based on price growth in the NE28 district since then, its estimated current value is £284,059 — placing it in the 46th percentile nationally and the 90th percentile within NE28. The property covers 88 m² (947 sq ft), giving an estimated value of £3,228 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £250,000

    Sept 2022

    Estimated Valuation

    £284,059

    Est. £/sq ft

    £300/sq ft

    £3,228/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area947 sq ft (88 m²)
    EPC dateJun 2017
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2022

    £250,000

    30 Jun 2017

    New build

    £204,995

    Key Metrics

    Estimated valuation£284,059
    Value per sq ft / m²£300/sq ft (£3,228/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile90th percentile
    National percentile46th 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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