50 Richmond Grove

    50, RICHMOND GROVE, NORTH SHIELDS, NE29 7QZ

    This terraced freehold property on Richmond Grove last sold in June 2013 for £69,000. Based on price growth in the NE29 district since then, its estimated current value is £110,024 — placing it in the 5th percentile nationally and the 17th percentile within NE29. The property covers 58 m² (624 sq ft), giving an estimated value of £1,897 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £69,000

    Jun 2013

    Estimated Valuation

    £110,024

    Est. £/sq ft

    £176/sq ft

    £1,897/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jun 2013

    £69,000

    4 Jun 1999

    New build

    £31,450

    Key Metrics

    Estimated valuation£110,024
    Value per sq ft / m²£176/sq ft (£1,897/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile17th percentile
    National percentile5th 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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