According to the public record, 18, Edwin Grove, Wallsend is a early-century leasehold apartment and with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Edwin Grove, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
18, Edwin Grove, Wallsend has a single entry in the Land Registry database from April 2016 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 18 Edwin Grove Wallsend as £87,238 and the rental value as £639 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 18 Edwin Grove Wallsend has increased by £2,932 (3.4%) and its rental value has increased by £62 per month (9.8%).
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 18, Edwin Grove, Wallsend is in very good condition we estimate a sale value of £91,600 and rental value of £670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,131 and a rental value of £594 per month.
If you were able to purchase this property for the estimated value of £87,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £429 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, 18, Edwin Grove, Wallsend was last sold on 29 Apr 2016 for £72,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2016, the market for similar properties has risen 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Edwin Grove, Wallsend within a radius of 29m 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.
Edwin Grove, Wallsend, NE28 has a total of 43 addresses. According to our analysis of all the public data, 18, Edwin Grove, Wallsend is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in NE28.
18, Edwin Grove, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2015.
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 18, Edwin Grove, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.1 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 18, Edwin Grove, 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 18, Edwin Grove, 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 18, Edwin Grove, 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 18, Edwin Grove, 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 18, Edwin Grove, 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.