According to the public record, 11, West Street, Wallsend is a early-century leasehold apartment with 525 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
West Street, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
11, West Street, Wallsend has 71 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated January 2011.
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 11 West Street Wallsend as £90,907 and the rental value as £628 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 11 West Street Wallsend has increased by £3,246 (3.6%) and its rental value has increased by £62 per month (9.9%).
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 11, West Street, Wallsend is in very good condition we estimate a sale value of £95,452 and rental value of £659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,543 and a rental value of £584 per month.
If you were able to purchase this property for the estimated value of £90,907, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £447 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, 11, West Street, Wallsend was last sold on 29 Aug 2018 for £82,500 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Aug 2018, the market for similar properties has risen 21.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, West Street, Wallsend within a radius of 450 metres over the last 2 years.
The most recent example is 60, Lynn Road, Wallsend, NE28 8QA, a Leasehold flat which sold for £104,000 in Sep 2021.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Street, Wallsend, NE28 has a total of 81 addresses. According to our analysis of all the public data, 11, West Street, Wallsend is the 81st largest and the 79th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in NE28.
11, West Street, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jan 2011.
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 11, West Street, Wallsend is Heworth station which is 4.4 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 11, West Street, Wallsend, 34.5% of property is privately owned with a mortgage and 31.7% is privately owned outright.
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, West Street, Wallsend, 13.0% of residents are recorded as possessing school level qualifications and 20.3% 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, West Street, 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 11, West Street, Wallsend, 0.8% 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, West Street, Wallsend, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.