According to the public record, 18, Timlin Gardens, Wallsend is a mid-century freehold house and with 678 ft2 of internal area and sits on a 214 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Timlin Gardens, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
18, Timlin Gardens, Wallsend has 41 entries in the Land Registry database, most recently in September 2022 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 Timlin Gardens Wallsend as £116,387 and the rental value as £788 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 18 Timlin Gardens Wallsend has increased by £4,769 (4.1%) and its rental value has increased by £83 per month (10.6%).
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, Timlin Gardens, Wallsend is in very good condition we estimate a sale value of £122,207 and rental value of £827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,240 and a rental value of £733 per month.
If you were able to purchase this property for the estimated value of £116,387, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £572 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 data from HM Land Registry, 18, Timlin Gardens, Wallsend sits on a plot of 214m2.
We have plot size data on 6 out of 24 other houses in the postcode and 18, Timlin Gardens, Wallsend sits on the 5th largest plot.
According to HM Land Registry, 18, Timlin Gardens, Wallsend was last sold on 09 Sep 2022 for £95,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2022, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Timlin Gardens, Wallsend within a radius of 52m over the last 2 years.
The most recent example is 9, Timlin Gardens, Wallsend, NE28 0AT, a Freehold house which sold for £120,000 in Nov 2023.
Read more about house prices in NE28.
Timlin Gardens, Wallsend, NE28 has a total of 24 addresses. According to our analysis of all the public data, 18, Timlin Gardens, Wallsend is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in NE28.
18, Timlin Gardens, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2022.
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, Timlin Gardens, 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 18, Timlin Gardens, Wallsend, 40.0% of property is socially rented and 25.3% 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, Timlin Gardens, Wallsend, 30.9% of residents are recorded as possessing school level qualifications and 25.3% 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 18, Timlin Gardens, 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 18, Timlin Gardens, 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 18, Timlin Gardens, 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.