According to the public record, 130, Tynemouth Road, Wallsend is a early-century leasehold apartment and with 710 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Tynemouth Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
130, Tynemouth Road, Wallsend has a single entry in the Land Registry database from June 2006 and no records in the EPC database.
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 130 Tynemouth Road Wallsend as £86,389 and the rental value as £646 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 130 Tynemouth Road Wallsend has increased by £2,993 (3.5%) and its rental value has increased by £64 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 130, Tynemouth Road, Wallsend is in very good condition we estimate a sale value of £90,708 and rental value of £678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,342 and a rental value of £601 per month.
If you were able to purchase this property for the estimated value of £86,389, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £425 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, 130, Tynemouth Road, Wallsend was last sold on 05 Jun 2006 for £79,000 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 130, Tynemouth Road, Wallsend within a radius of 50m over the last 2 years.
The most recent example is 23, Edwin Grove, Wallsend, NE28 0LH, a Leasehold flat which sold for £78,000 in Jan 2023.
Read more about house prices in NE28.
Tynemouth Road, Wallsend, NE28 has a total of 191 addresses. According to our analysis of all the public data, 130, Tynemouth Road, Wallsend is the 119th largest and the 170th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in NE28.
130, Tynemouth Road, Wallsend has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Mar 2016.
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 130, Tynemouth Road, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.2 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 130, Tynemouth Road, Wallsend, 38.1% of property is privately rented and 28.4% 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 130, Tynemouth Road, Wallsend, 10.0% of residents are recorded as possessing school level qualifications and 26.4% 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 130, Tynemouth Road, Wallsend, the average age was 41.3 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 130, Tynemouth Road, 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 130, Tynemouth Road, Wallsend, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.