According to the public record, Morgan Villas 10, Wallsend is a modern leasehold house with 592 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
North View, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
Morgan Villas 10, Wallsend has 41 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated May 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 Morgan Villas 10 Wallsend as £122,127 and the rental value as £781 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of Morgan Villas 10 Wallsend has increased by £3,829 (3.1%) and its rental value has increased by £74 per month (9.5%).
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 Morgan Villas 10, Wallsend is in very good condition we estimate a sale value of £128,233 and rental value of £820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,578 and a rental value of £726 per month.
If you were able to purchase this property for the estimated value of £122,127, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £600 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, Morgan Villas 10, Wallsend sits on a plot of 106m2.
We have plot size data on 13 out of 20 other houses in the postcode and Morgan Villas 10, Wallsend sits on the 3rd largest plot.
According to HM Land Registry, Morgan Villas 10, Wallsend was last sold on 12 May 2021 for £111,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since May 2021, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Morgan Villas 10, Wallsend within a radius of 390 metres over the last 2 years.
The most recent example is 28, Boyd Crescent, Wallsend, NE28 7SG, a Freehold house which sold for £116,500 in Dec 2021.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North View, Wallsend, NE28 has a total of 41 addresses. According to our analysis of all the public data, Morgan Villas 10, Wallsend is the 41st largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in NE28.
Morgan Villas 10, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 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 Morgan Villas 10, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.5 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 Morgan Villas 10, Wallsend, 35.0% of property is privately owned outright and 28.6% 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 Morgan Villas 10, Wallsend, 8.8% of residents are recorded as possessing school level qualifications and 30.6% 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 Morgan Villas 10, Wallsend, the average age was 38.5 and the most common age was 27.
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 Morgan Villas 10, 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 Morgan Villas 10, Wallsend, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.