According to the public record, 1, Lincoln Avenue, Wallsend is a mid-century freehold house with 1,216 ft2 of internal area and sits on a 351 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lincoln Avenue, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
1, Lincoln Avenue, Wallsend has 21 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Lincoln Avenue Wallsend as £184,180 and the rental value as £1,033 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 1 Lincoln Avenue Wallsend has increased by £3,156 (1.7%) and its rental value has increased by £82 per month (7.9%).
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, Lincoln Avenue, Wallsend is in very good condition we estimate a sale value of £193,389 and rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,288 and a rental value of £960 per month.
If you were able to purchase this property for the estimated value of £184,180, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £905 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 data from HM Land Registry, 1, Lincoln Avenue, Wallsend sits on a plot of 351m2.
We have plot size data on 18 out of 33 other houses in the postcode and 1, Lincoln Avenue, Wallsend sits on the 3rd largest plot.
According to HM Land Registry, 1, Lincoln Avenue, Wallsend was last sold on 18 Jul 2018 for £159,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 22.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Lincoln Avenue, Wallsend within a radius of 620 metres over the last 2 years.
The most recent example is 30, Wiltshire Gardens, Wallsend, NE28 8AL, a Freehold house which sold for £185,000 in Jun 2023.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lincoln Avenue, Wallsend, NE28 has a total of 34 addresses. According to our analysis of all the public data, 1, Lincoln Avenue, Wallsend is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in NE28.
1, Lincoln Avenue, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Lincoln Avenue, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.2 kilometres 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, Lincoln Avenue, Wallsend, 34.4% of property is privately owned with a mortgage and 29.5% is socially rented.
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, Lincoln Avenue, Wallsend, 15.9% of residents are recorded as possessing school level qualifications and 22.1% 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, Lincoln Avenue, Wallsend, the average age was 42.4 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 1, Lincoln Avenue, Wallsend, 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, Lincoln Avenue, Wallsend, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.