According to the public record, 2, Cross Avenue, Wallsend is a mid-century freehold house with 871 ft2 of internal area and sits on a 267 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cross Avenue, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
2, Cross Avenue, Wallsend has 21 entries in the Land Registry database, most recently in July 2009 and a single entry in the EPC database dated September 2013.
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 Cross Avenue Wallsend as £142,131 and the rental value as £907 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 2 Cross Avenue Wallsend has increased by £3,930 (2.8%) and its rental value has increased by £83 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, Cross Avenue, Wallsend is in very good condition we estimate a sale value of £149,238 and rental value of £952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,182 and a rental value of £844 per month.
If you were able to purchase this property for the estimated value of £142,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £699 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, 2, Cross Avenue, Wallsend sits on a plot of 267m2.
We have plot size data on 17 out of 47 other houses in the postcode and 2, Cross Avenue, Wallsend sits on the 2nd largest plot.
According to HM Land Registry, 2, Cross Avenue, Wallsend was last sold on 24 Jul 2009 for £64,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2009, the market for similar properties has risen 43.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cross Avenue, Wallsend within a radius of 530 metres over the last 2 years.
The most recent example is 78, O'Hanlon Crescent, Wallsend, NE28 9ES, a Freehold house which sold for £135,000 in Feb 2023.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Avenue, Wallsend, NE28 has a total of 48 addresses. According to our analysis of all the public data, 2, Cross Avenue, Wallsend is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £837 less expensive than the average property in NE28.
2, Cross Avenue, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2013.
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, Cross Avenue, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.9 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, Cross Avenue, Wallsend, 42.1% of property is socially rented and 27.1% 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 2, Cross Avenue, Wallsend, 28.1% of residents are recorded as possessing school level qualifications and 15.8% 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, Cross Avenue, 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, Cross Avenue, 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, Cross Avenue, 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.