23 Rake Lane

    23, RAKE LANE, NORTH SHIELDS, NE29 8EY

    This terraced freehold property on Rake Lane last sold in June 2016 for £148,000. Based on price growth in the NE29 district since then, its estimated current value is £217,583 — placing it in the 29th percentile nationally and the 61st percentile within NE29. The property covers 100 m² (1,076 sq ft), giving an estimated value of £2,176 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £148,000

    Jun 2016

    Estimated Valuation

    £217,583

    Est. £/sq ft

    £202/sq ft

    £2,176/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,076 sq ft (100 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jun 2016

    £148,000

    6 Nov 2015

    £110,000

    Key Metrics

    Estimated valuation£217,583
    Value per sq ft / m²£202/sq ft (£2,176/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE29 district percentile61st percentile
    National percentile29th 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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