Sold STC Flat

24 BRAY CLOSE

WALLSEND, TYNE AND WEAR NE28 9RJ

2 beds 1 baths 732 sq ft Listed 11 Apr 2025 (-478d)

£80,000

Offers Over

Reduced on 27 May 2025

Save

# 2 bedroom apartment for sale (NE28 9RJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 BRAY CLOSE, WALLSEND, TYNE AND WEAR NE28 9RJ |
| Price | £80,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 68 m² |
| Last sold | £87,000 Oct 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 09/08/2030
- **Current heating cost:** £548/year

### Recommendations
- A2 (1,500)
- C (30)
- E (30)
- F (400)
- M (2,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8630-7428-7190-0110-4292)

## Description

** This property is currently marked as "Sale Agreed," and no additional viewings will be conducted. We welcome inquiries from anyone looking to sell their property and interested in obtaining one of our "Gone" boards. Please feel free to contact us. **

** TWO BEDROOM FIRST FLOOR FLAT ** MODERN SHOWER ROOM ** SPACIOUS LANDING **

**COMMUNAL GARDEN ** IDEAL FOR FIRST TIME BUYER **  CLOSE TO LOCAL AMENITIES **

** LEASEHOLD 125 YEARS FROM 13.07.1992 ** COUNCIL TAX BAND A   ** ENERGY RATING  D **

**Entrance Lobby** - Cupboard and Stairs to First Floor

**Landing** - Light and airy landing with window and storage cupboards and access to bedrooms, lounge and shower room.

**Lounge** - 4.65 x 3.72 (15'3" x 12'2") - Two double glazed windows, radiator and access to kitchen

**Kitchen** - 3.40 x 1.79 (11'1" x 5'10") - Double Glazed window, storage cupboard, range of wall and floor units with countertops, sink, gas hob with extractor hood, electric oven.  Tiled walls.

**Bedroom 1** - 4.55 2.82  (14'11" 9'3" ) - Double glazed window, radiator.

**Bedroom 2** - 2.73 x 2.07  (8'11" x 6'9" ) - Double glazed window, radiator.

**Shower Room** - 2.78 x 1.86 (9'1" x 6'1") - WC, wash hand basin, walk-in shower.  Ladder style radiator.  Fully Tiled

**External** - Communal Gardens

**Material Information** - BROADBAND AND MOBILE:

At the time of marketing we believe this information is correct, for further information please visit

Broadband:  Highest available Speeds:  Download: 1000 Mbps  Upload: 100 Mbps

Mobile Indoor: EE - Likely   Three - Likely   02 - Limited    Vodafone - Limited

Mobile Outdoor:  EE - Likely   Three - Likely   02 - Likley    Vodafone - Likely

We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.

FLOOD RISK:

Yearly chance of flooding:

Rivers and the sea: Very low.

Surface water: Very low.

CONSTRUCTION:

Traditional

This information must be confirmed via our surveyor.

**Leasehold** - Leasehold 125 Years from 13.07.1992.  We have been advised that the Ground Rent is £10 Per Annum and Service Charges are £300 per Annum which includes building insurance and external remedial works.   This must however be confirmed via solicitors.

## Property Photos

- ![Shower Room](/listings/photos/160582052/1396880) - Shower Room
- ![Title Plan.jpg](/listings/photos/160582052/1396883) - Title Plan.jpg
- ![Kitchen](/listings/photos/160582052/1396887) - Kitchen
- ![External](/listings/photos/160582052/1396890) - External
- ![Lounge](/listings/photos/160582052/1396897) - Lounge
- ![Landing](/listings/photos/160582052/1396901) - Landing
- ![Lounge](/listings/photos/160582052/1396904) - Lounge
- ![Kitchen](/listings/photos/160582052/1396911) - Kitchen
- ![Bedroom 1](/listings/photos/160582052/1396918) - Bedroom 1
- ![Bedroom 1](/listings/photos/160582052/1396924) - Bedroom 1
- ![Landing](/listings/photos/160582052/1396929) - Landing
- ![Landing](/listings/photos/160582052/1396932) - Landing
- ![Bedroom 2](/listings/photos/160582052/1396938) - Bedroom 2

## Floorplans

- ![Floor Plan.jpg](/listings/photos/160582052/1396944) - Floor Plan.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/160582052/1396947) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 BRAY CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9RJ | £87,000 | 17/10/2025 | Flat |
| 24 BRAY CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9RJ | £79,950 | 06/10/2021 | Flat |
| 24 BRAY CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9RJ | £53,500 | 19/03/2021 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 11 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX | £82,500 | 11/08/2023 | Flat |
| 8 RUSSELL CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JY | £85,000 | 07/07/2023 | Flat |
| 60 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX | £72,500 | 05/08/2022 | Flat |
| 10 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX | £81,000 | 25/07/2022 | Flat |
| 11 RUSSELL CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JY | £83,000 | 30/05/2022 | Flat |
| 12 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX | £75,000 | 11/02/2022 | Flat |
| 14 RUSSELL CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JY | £85,000 | 04/02/2022 | Flat |
| [Same street] 15 BRAY CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9RJ | £125,000 | 01/12/2021 | Terraced |
| 18 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX | £76,500 | 10/08/2021 | Flat |

**Street average:** £125,000 (1 sale)
**Area average:** £80,063 (8 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £82,187 (45 Flat, NE28, 2024–2026)
- **Deviation:** -2.7%

## Rental Range

*ONS Price Index of Private Rents (North Tyneside). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £761/mo
- **Realistic:** £846/mo
- **Optimistic:** £931/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## 1% Rule

- **Rent ratio:** 1.06% (strong)
- **Max investor price (0.8%):** £105,750
- **Target investor price (1%):** £84,600

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £1,176/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 5.3%
- **10y growth:** 37%

## House Price Index (HM Land Registry)

*Official index for North Tyneside; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -2.7%
- **5y growth (index):** 8.8%
- **10y growth (index):** 26.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Shower Room Title Plan.jpg Kitchen External Lounge Landing Lounge Kitchen Bedroom 1 Bedroom 1 Landing Landing Bedroom 2

/ 13

Property details

Tenure

LEASEHOLD (92 years remaining on lease)

Floor area

68 m²

Council tax band

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£87,000 Oct 2025

Price per m²

£1,176/m²

Local average

£82,187 (-2.7%)

Deprivation

Decile 3 (8,100 of 33,755)

Street crime

240 incidents within 1 mile (May 2026)

Key features

Two Bedroom First Floor Flat
Great First Buy
Modern Shower Room
Spacious Landing
Communal Garden
Close to Local Amenities
Council Tax Band A
Energy Rating D
Leasehold 125 Years from 13.07.1992

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Gas central
Parking: Communal

Description

This property is currently marked as "Sale Agreed," and no additional viewings will be conducted. We welcome inquiries from anyone looking to sell their property and interested in obtaining one of our "Gone" boards. Please feel free to contact us.

TWO BEDROOM FIRST FLOOR FLAT MODERN SHOWER ROOM SPACIOUS LANDING

COMMUNAL GARDEN IDEAL FOR FIRST TIME BUYER CLOSE TO LOCAL AMENITIES

LEASEHOLD 125 YEARS FROM 13.07.1992 COUNCIL TAX BAND A ENERGY RATING D

Entrance Lobby - Cupboard and Stairs to First Floor

Landing - Light and airy landing with window and storage cupboards and access to bedrooms, lounge and shower room.

Lounge - 4.65 x 3.72 (15'3" x 12'2") - Two double glazed windows, radiator and access to kitchen

Kitchen - 3.40 x 1.79 (11'1" x 5'10") - Double Glazed window, storage cupboard, range of wall and floor units with countertops, sink, gas hob with extractor hood, electric oven. Tiled walls.

Bedroom 1 - 4.55 2.82 (14'11" 9'3" ) - Double glazed window, radiator.

Bedroom 2 - 2.73 x 2.07 (8'11" x 6'9" ) - Double glazed window, radiator.

Shower Room - 2.78 x 1.86 (9'1" x 6'1") - WC, wash hand basin, walk-in shower. Ladder style radiator. Fully Tiled

External - Communal Gardens

Material Information - BROADBAND AND MOBILE:
At the time of marketing we believe this information is correct, for further information please visit

Broadband: Highest available Speeds: Download: 1000 Mbps Upload: 100 Mbps
Mobile Indoor: EE - Likely Three - Likely 02 - Limited Vodafone - Limited
Mobile Outdoor: EE - Likely Three - Likely 02 - Likley Vodafone - Likely

We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.

FLOOD RISK:
Yearly chance of flooding:
Rivers and the sea: Very low.
Surface water: Very low.

CONSTRUCTION:
Traditional
This information must be confirmed via our surveyor.

Leasehold - Leasehold 125 Years from 13.07.1992. We have been advised that the Ground Rent is £10 Per Annum and Service Charges are £300 per Annum which includes building insurance and external remedial works. This must however be confirmed via solicitors.

Listed by

Wallsend

next2buy

Reference: 160582052

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 10/08/2020

Expiry date: 09/08/2030

Current heating cost: £548/year

Potential heating cost: £285/year

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Flat roof or sloping ceiling insulation (1,500)
Increase hot water cylinder insulation (30)
Low energy lighting for all fixed outlets (30)
Hot water cylinder thermostat (400)
Replacement warm air unit (2,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan.jpg

EPC Graphs

EE Rating

Price history

63% since 2021

Event	Date	Price	% change
Sold	17/10/2025 (9 months ago)	£87,000	+8.8%
Sold	06/10/2021 (4 years ago)	£79,950	+49.4%
Sold	19/03/2021 (5 years ago)	£53,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
11 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX	£82,500	11/08/2023	Flat
8 RUSSELL CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JY	£85,000	07/07/2023	Flat
60 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX	£72,500	05/08/2022	Flat
10 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX	£81,000	25/07/2022	Flat
11 RUSSELL CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JY	£83,000	30/05/2022	Flat
12 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX	£75,000	11/02/2022	Flat
14 RUSSELL CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JY	£85,000	04/02/2022	Flat
Same street 15 BRAY CLOSE, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9RJ	£125,000	01/12/2021	Terraced
18 ALEXANDREA WAY, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 9JX	£76,500	10/08/2021	Flat

Street average: £125,000 (1 sale)

Area average: £80,063 (8 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 5.3%

10y growth 37%

House Price Index (HM Land Registry — official index, not sold-price averages): North Tyneside. Series: Flats and maisonettes. As of April 2026.

1y (index) -2.7%

5y (index) 8.8%

10y (index) 26.1%

Rental Range

Estimated market rent for North Tyneside. Low = conservative, Realistic = average, Optimistic = best case.

Low £761/mo

Realistic £846/mo

Optimistic £931/mo

Based on Local Authority from postcode lookup → North Tyneside.

LHA (30th percentile) floor for Tyneside: £549/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NE28 9RJ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	BATTLE HILL DRIVE-SHOPS-NW/B	0.1 miles
Bus stop	Coast Way Shopping Center	0.1 miles
Shop	The Cutting Crew	0.1 miles
Shop	One Stop	0.1 miles
Train station	Hadrian Road	1.0 miles
Train station	Middle Engine Lane	1.2 miles
University	Northumbria University Coach Lane Campus	2.0 miles
University	Unknown	2.2 miles
Hospital	Priory Day Hospital	2.5 miles
Hospital	Sunderland Primary care Trust	6.2 miles

Street-level crime

Category	Count
Violence and sexual offences	66
Anti-social behaviour	52
Shoplifting	37
Criminal damage and arson	26
Public order	14
Other crime	10
Other theft	9
Vehicle crime	8
Burglary	7
Drugs	4
Robbery	3
Theft from the person	2
Bicycle theft	1
Possession of weapons	1
Total incidents	240

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Battle Hill Primary School	Primary	0.2 miles	Good — 28 May 2013
Churchill Community College	Secondary	0.5 miles	Inadequate — 26 Mar 2024
St Bernadettes Catholic Primary, Wallsend	Primary	0.6 miles	Good — 9 Sep 2013
Beacon Hill School	Other	0.6 miles	Good — 30 Jan 2018
St Aidan's Catholic Primary School, Wallsend	Primary	0.6 miles	Good — 2 Oct 2014

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 1.06%

Max investor price (0.8%) £105,750

Target investor price (1%) £84,600

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).