According to the public record, 17, Tynemouth Road, Wallsend is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 960 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Tynemouth Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
17, Tynemouth Road, Wallsend has a single entry in the Land Registry database from July 2007 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 17 Tynemouth Road Wallsend as £136,950 and the rental value as £870 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 17 Tynemouth Road Wallsend has increased by £4,033 (2.9%) and its rental value has increased by £82 per month (9.4%).
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 17, Tynemouth Road, Wallsend is in very good condition we estimate a sale value of £143,797 and rental value of £913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,363 and a rental value of £809 per month.
If you were able to purchase this property for the estimated value of £136,950, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £673 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, 17, Tynemouth Road, Wallsend was last sold on 18 Jul 2007 for £117,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 21.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Tynemouth Road, Wallsend within a radius of 161m over the last 2 years.
The most recent example is 47, Gilsland Avenue, Wallsend, NE28 0NJ, a Freehold house which sold for £139,000 in May 2024.
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, 17, Tynemouth Road, Wallsend is the 26th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in NE28.
The closest station to 17, Tynemouth Road, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.3 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 17, Tynemouth Road, Wallsend, 31.0% of property is socially rented and 29.8% 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 17, Tynemouth Road, Wallsend, 18.4% of residents are recorded as possessing school level qualifications and 27.2% 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 17, Tynemouth Road, Wallsend, the average age was 38.8 and the most common age was 32.
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 17, 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 17, Tynemouth Road, 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.