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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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38, Rae Avenue, Wallsend is recorded publicly as an early-century leasehold house across 753 ft2 of internal area, sitting on a 131 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Rae Avenue, Wallsend is £148,251 and its rental estimate is £958 per month, given the available information and assuming reasonable condition.
Rae Avenue, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
38, Rae Avenue, Wallsend has 21 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated March 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 38, Rae Avenue, Wallsend, we estimate a market value of £155,664 and a rental value of £1,006 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,874 and £891 per month respectively.
Over the last year, 38, Rae Avenue, Wallsend has seen its estimated sale value climb by £210 (0.1%) and its estimated rental value rise by £37 per month (3.9%). This results in an estimated gross rental yield of 7.8%.
HM Land Registry records the plot of land for 38, Rae Avenue, Wallsend as measuring 131 m2.
That makes it the 41st largest plot in the postcode, where 48 of the 51 other houses have recorded plot data.
38, Rae Avenue, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 38, Rae Avenue, Wallsend completed on 12th August 2013 at £120,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 28.0% over the period since August 2013.
Over the past 2 years 3 properties similar to 38, Rae Avenue, Wallsend have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2025, was 10, Mullen Road, Wallsend, NE28 9LY, a leasehold house which sold for £147,750.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 51 addresses on Rae Avenue, Wallsend, NE28, 38, Rae Avenue, Wallsend comes out as the 26th largest and the 32nd most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the NE28 district.
From 38, Rae Avenue, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 3.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Rae Avenue, Wallsend, 48.8% of property is privately owned outright and 31.5% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 38, Rae Avenue, Wallsend, 11.5% of residents are recorded as possessing school level qualifications and 23.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 38, Rae Avenue, Wallsend, the average age was 44.3 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 38, Rae Avenue, Wallsend, 2.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 38, Rae Avenue, Wallsend, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
