According to the public record, 2, Octavia Court, Wallsend is a modern house with 645 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Octavia Court, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
2, Octavia Court, Wallsend has no recent1 records in the Land Registry database and no records in the EPC database.
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 Octavia Court Wallsend as £104,186 and the rental value as £709 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 2 Octavia Court Wallsend has increased by £4,430 (4.3%) and its rental value has increased by £76 per month (10.8%).
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 2, Octavia Court, Wallsend is in very good condition we estimate a sale value of £109,395 and rental value of £745 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,893 and a rental value of £660 per month.
If you were able to purchase this property for the estimated value of £104,186, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £512 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, Octavia Court, Wallsend sits on a plot of 151m2.
We have plot size data on 18 out of 29 other houses in the postcode and 2, Octavia Court, Wallsend sits on the 4th largest plot.
According to HM Land Registry, 2, Octavia Court, Wallsend was last sold on 19 Apr 2005 for £86,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Octavia Court, Wallsend within a radius of 59m over the last 2 years.
The most recent example is 22, Octavia Court, Wallsend, NE28 7EW, a Freehold house which sold for £114,000 in Apr 2024.
Read more about house prices in NE28.
Octavia Court, Wallsend, NE28 has a total of 29 addresses. According to our analysis of all the public data, 2, Octavia Court, Wallsend is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in NE28.
2, Octavia Court, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 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 2, Octavia Court, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.4 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 2, Octavia Court, Wallsend, 29.7% of property is privately owned with a mortgage and 29.0% is socially rented.
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, Octavia Court, Wallsend, 18.5% of residents are recorded as possessing school level qualifications and 26.5% 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, Octavia Court, 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 2, Octavia Court, Wallsend, 1.3% 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, Octavia Court, 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.