According to the public record, 1, Ingham Terrace, Wylam is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 949 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Ingham Terrace, Wylam, NE41 is located within the NE41 postal district.
1, Ingham Terrace, Wylam has 21 entries in the Land Registry database, most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Ingham Terrace Wylam as £344,149 and the rental value as £1,034 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 1 Ingham Terrace Wylam has increased by £2,807 (0.8%) and its rental value has increased by £75 per month (7.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Ingham Terrace, Wylam is in very good condition we estimate a sale value of £361,357 and rental value of £1,086 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,059 and a rental value of £962 per month.
If you were able to purchase this property for the estimated value of £344,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,691 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Ingham Terrace, Wylam was last sold on 13 Aug 2007 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Ingham Terrace, Wylam within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 2, Ingham Terrace, Wylam, NE41 8DS, a Freehold house which sold for £292,500 in Dec 2019.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ingham Terrace, Wylam, NE41 has a total of 17 addresses. According to our analysis of all the public data, 1, Ingham Terrace, Wylam is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in NE41.
The closest station to 1, Ingham Terrace, Wylam is Wylam station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Ingham Terrace, Wylam, 50.0% of property is privately owned outright and 29.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Ingham Terrace, Wylam, 19.0% of residents are recorded as possessing school level qualifications and 54.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Ingham Terrace, Wylam, the average age was 47 and the most common age was 52.
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 1, Ingham Terrace, Wylam, 0.0% 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 1, Ingham Terrace, Wylam, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.