According to the public record, 128, Kings Road North, Wallsend is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 704 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Kings Road North, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
128, Kings Road North, Wallsend has a single entry in the Land Registry database from May 2006 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 128 Kings Road North Wallsend as £88,655 and the rental value as £652 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 128 Kings Road North Wallsend has increased by £3,297 (3.7%) and its rental value has increased by £66 per month (10.2%).
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 128, Kings Road North, Wallsend is in very good condition we estimate a sale value of £93,088 and rental value of £684 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,449 and a rental value of £606 per month.
If you were able to purchase this property for the estimated value of £88,655, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £436 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, 128, Kings Road North, Wallsend was last sold on 19 May 2006 for £83,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 128, Kings Road North, Wallsend within a radius of 33m over the last 2 years.
The most recent example is 112, Kings Road North, Wallsend, NE28 9JH, a Leasehold flat which sold for £80,000 in Oct 2018.
Read more about house prices in NE28.
Kings Road North, Wallsend, NE28 has a total of 114 addresses. According to our analysis of all the public data, 128, Kings Road North, Wallsend is the 85th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in NE28.
The closest station to 128, Kings Road North, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.2 km 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 128, Kings Road North, Wallsend, 36.0% of property is privately owned outright and 35.2% 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 128, Kings Road North, Wallsend, 9.6% of residents are recorded as possessing school level qualifications and 29.5% 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 128, Kings Road North, Wallsend, the average age was 44.3 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 128, Kings Road North, Wallsend, 0.5% 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 128, Kings Road North, 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.