According to the public record, 2, Tiberius Close, Wallsend is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 559 ft2 of internal area and sits on a 3,505 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Tiberius Close, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
2, Tiberius Close, Wallsend has 31 entries in the Land Registry database, most recently in September 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Tiberius Close Wallsend as £142,875 and the rental value as £814 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 2 Tiberius Close Wallsend has increased by £4,652 (3.3%) and its rental value has increased by £78 per month (9.5%).
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, Tiberius Close, Wallsend is in very good condition we estimate a sale value of £150,019 and rental value of £855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,874 and a rental value of £757 per month.
If you were able to purchase this property for the estimated value of £142,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £702 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, Tiberius Close, Wallsend sits on a plot of 3505m2.
We have plot size data on 24 out of 24 other houses in the postcode and 2, Tiberius Close, Wallsend sits on the largest plot.
According to HM Land Registry, 2, Tiberius Close, Wallsend was last sold on 29 Sep 2006 for £130,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tiberius Close, Wallsend within a radius of 490 metres over the last 2 years.
The most recent example is 54, Praetorian Drive, Wallsend, NE28 6RQ, a Leasehold house which sold for £134,000 in Apr 2024.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tiberius Close, Wallsend, NE28 has a total of 36 addresses. According to our analysis of all the public data, 2, Tiberius Close, Wallsend is the 28th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £93 less expensive than the average property in NE28.
The closest station to 2, Tiberius Close, Wallsend is Heworth station which is 4.3 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, Tiberius Close, Wallsend, 39.4% of property is socially rented and 22.6% is privately 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, Tiberius Close, Wallsend, 21.1% of residents are recorded as possessing school level qualifications and 26.9% 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, Tiberius Close, Wallsend, the average age was 42.4 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, Tiberius Close, 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, Tiberius Close, Wallsend, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.