40 Richmond Grove

    40, RICHMOND GROVE, NORTH SHIELDS, NE29 7QZ

    This flat/maisonette leasehold property on Richmond Grove last sold in July 2013 for £44,000. Based on price growth in the NE29 district since then, its estimated current value is £72,224 — placing it in the 1st percentile nationally and the 5th percentile within NE29. The property covers 53 m² (570 sq ft), giving an estimated value of £1,363 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £44,000

    Jul 2013

    Estimated Valuation

    £72,224

    Est. £/sq ft

    £127/sq ft

    £1,363/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateMay 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Jul 2013

    £44,000

    26 Jun 2006

    £71,000

    2 Aug 2002

    £34,950

    22 Jun 2001

    £26,000

    27 Oct 2000

    £27,950

    15 Oct 1999

    New build

    £25,950

    Key Metrics

    Estimated valuation£72,224
    Value per sq ft / m²£127/sq ft (£1,363/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile5th percentile
    National percentile1st percentile

    District Context — NE29

    NE29 covers Whitley Bay and surrounding areas on the North Tyneside coast, north of Newcastle. It is a residential seaside district with a mix of family homes and holiday appeal.

    Average Property Price - NE29

    £218,190

    17

    National percentile

    Average Net Household Income - NE29

    £32,937

    18

    National percentile

    10-Year Annualised Price Growth - NE29

    5.1%

    90

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE29

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