According to the public record, 2, Dene Terrace West, Wylam is a period house with 731 ft2 of internal area and sits on a 59.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Dene Terrace West, Wylam, NE41 is located within the NE41 postal district.
2, Dene Terrace West, Wylam has no records in the Land Registry database and a single entry in the EPC database dated September 2020.
We combine this information with public data 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 Dene Terrace West Wylam as £252,028 and the rental value as £999 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Dene Terrace West Wylam has increased by £2,056 (0.8%) and its rental value has increased by £72 per month (7.2%).
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, Dene Terrace West, Wylam is in very good condition we estimate a sale value of £264,630 and rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,386 and a rental value of £929 per month.
If you were able to purchase this property for the estimated value of £252,028, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,239 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, Dene Terrace West, Wylam sits on a plot of 59m2.
We have plot size data on 2 out of 5 other houses in the postcode and 2, Dene Terrace West, Wylam sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Dene Terrace West, Wylam within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 4, Dene Terrace West, Wylam, NE41 8AZ, a Freehold house which sold for £225,000 in Sep 2023.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dene Terrace West, Wylam, NE41 has a total of 5 addresses. According to our analysis of all the public data, 2, Dene Terrace West, Wylam is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in NE41.
2, Dene Terrace West, Wylam has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Dene Terrace West, Wylam is Wylam station which is 800 metres 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, Dene Terrace West, Wylam, 52.9% of property is privately owned outright and 38.2% 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, Dene Terrace West, Wylam, 18.3% of residents are recorded as possessing school level qualifications and 56.6% 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, Dene Terrace West, Wylam, the average age was 47 and the most common age was 52.
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, Dene Terrace West, Wylam, 0.7% 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, Dene Terrace West, Wylam, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.