According to the public record, 11, Thomas Close, Wylam is a modern freehold house with 3,100 ft2 of internal area and sits on a 572 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Thomas Close, Wylam, NE41 is located within the NE41 postal district.
11, Thomas Close, Wylam has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated March 2019.
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 good condition, we estimate the current sale value for 11 Thomas Close Wylam as £742,940 and the rental value as £1,840 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 11 Thomas Close Wylam has increased by £2,101 (0.3%) and its rental value has increased by £123 per month (6.7%).
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 11, Thomas Close, Wylam is in very good condition we estimate a sale value of £780,087 and rental value of £1,932 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £690,934 and a rental value of £1,711 per month.
If you were able to purchase this property for the estimated value of £742,940, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,651 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, 11, Thomas Close, Wylam sits on a plot of 572m2.
We have plot size data on 17 out of 17 other houses in the postcode and 11, Thomas Close, Wylam sits on the 2nd largest plot.
According to HM Land Registry, 11, Thomas Close, Wylam was last sold on 03 Dec 2019 for £599,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 19.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Thomas Close, Wylam within a radius of 2.0 kilometres over the last 2 years.
The most recent example is Stone Cutters, Church Road, Wylam, NE41 8AP, a Freehold house which sold for £812,000 in Jul 2022.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thomas Close, Wylam, NE41 has a total of 17 addresses. According to our analysis of all the public data, 11, Thomas Close, Wylam is the largest and the most expensive property on the street.
When compared to the postcode district it is £497k more expensive than the average property in NE41.
11, Thomas Close, Wylam has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 11, Thomas Close, Wylam is Wylam station which is 800 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 11, Thomas Close, Wylam, 40.7% of property is privately owned outright and 32.1% 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 11, Thomas Close, Wylam, 15.1% of residents are recorded as possessing school level qualifications and 53.8% 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 11, Thomas Close, 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 11, Thomas Close, 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 11, Thomas Close, Wylam, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.