According to the public record, 2, Brooksmead, Wallsend is a modern leasehold house with 745 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Brooksmead, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
2, Brooksmead, Wallsend has a single entry in the Land Registry database from November 2012 and a single entry in the EPC database dated September 2011.
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 2 Brooksmead Wallsend as £137,359 and the rental value as £879 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 2 Brooksmead Wallsend has increased by £3,798 (2.8%) and its rental value has increased by £81 per month (9.2%).
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 2, Brooksmead, Wallsend is in very good condition we estimate a sale value of £144,227 and rental value of £923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,744 and a rental value of £818 per month.
If you were able to purchase this property for the estimated value of £137,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £675 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, 2, Brooksmead, Wallsend was last sold on 29 Nov 2012 for £25,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2012, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Brooksmead, Wallsend within a radius of 500 metres over the last 2 years.
The most recent example is 16, Mullen Gardens, Wallsend, NE28 9EZ, a Freehold house which sold for £149,950 in May 2024.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brooksmead, Wallsend, NE28 has a total of 15 addresses. According to our analysis of all the public data, 2, Brooksmead, Wallsend is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in NE28.
2, Brooksmead, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2011.
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 2, Brooksmead, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.7 kilometres 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 2, Brooksmead, Wallsend, 61.5% of property is socially rented and 14.0% is privately owned outright.
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 2, Brooksmead, Wallsend, 12.8% of residents are recorded as possessing school level qualifications and 19.0% 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 2, Brooksmead, Wallsend, the average age was 40.8 and the most common age was 27.
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 2, Brooksmead, 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 2, Brooksmead, 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.