Our Data Sources
40, Rae Avenue, Wallsend has 51 entries in the Land Registry, most recently in October 2025 and a single entry in the EPC database dated July 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate 40, Rae Avenue, Wallsend would be worth £153,813, with a potential rental value of £1,015 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £136,234, with a rental value of £899 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
40, Rae Avenue, Wallsend occupies a 131 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 48 have recorded plot sizes, and this one ranks as the 40th largest.
Energy Efficiency
40, Rae Avenue, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jul 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
40, Rae Avenue, Wallsend last changed hands on 27th October 2025, selling for £160,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has dropped by 12.5% since October 2025.
- Sold Oct 2025£160,000
- Sold Sep 2009£99,950
- Sold Jun 2007£118,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 183 sales of comparable properties within 620 metres of 40, Rae Avenue, Wallsend since 2015.
Most recently, 16, Rae Avenue, Wallsend, NE28 9JP, a freehold house, sold at £130,000 on the 15th June 2026.
Read more about house prices in NE28.
- Sold Jun 2026£130,000 | 2 Bed House16, Rae Avenue, Wallsend, NE28 9JP16, Rae Avenue, Wallsend, NE28 9JP
- Sold May 2026£130,500 | 2 Bed House5, Eskdale Avenue, Wallsend, NE28 9JA5, Eskdale Avenue, Wallsend, NE28 9JA
- Sold Mar 2026£147,000 | 2 Bed House21, Eskdale Avenue, Wallsend, NE28 9JA21, Eskdale Avenue, Wallsend, NE28 9JA
- Sold Dec 2025£135,000 | 3 Bed House38, Mullen Road, Wallsend, NE28 9LY38, Mullen Road, Wallsend, NE28 9LY
- Sold Oct 2025£140,000 | 2 Bed House14, Warkworth Avenue, Wallsend, NE28 9HZ14, Warkworth Avenue, Wallsend, NE28 9HZ
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £124,296, ranging from £84,440 to £159,603.
- 42 Rae Avenue
3 Bed House | 6 m | Est. Value: £154,703
- 38 Rae Avenue
3 Bed House | 7 m | Est. Value: £149,627
- 44 Rae Avenue
2 Bed House | 14 m | Est. Value: £138,723
- 46 Rae Avenue
2 Bed House | 19 m | Est. Value: £141,412
- 164 Kings Road North
2 Bed Flat | 29 m | Est. Value: £89,822
Location Comparison
Our analysis of the public data ranks 40, Rae Avenue, Wallsend as the 37th largest and the 36th most expensive of the 51 addresses on Rae Avenue, Wallsend, NE28.
Against the NE28 postcode district average, it is £10k less expensive than the typical property.
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Schools Nearby
- St Bernadette's Catholic Primary, Wallsend100 m away
- Wallsend Jubilee Primary School500 m away
- Redesdale Primary School1.0 km away
- Burnside College1.5 km away
- Benfield School2.4 km away
- Walker Riverside Academy2.8 km away
More reading links
Public Transport Nearby
- Northumberland Park (Tyne & Wear)|3.2 km away
- Manors|5.8 km away
- Heworth|6.2 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
