According to the public record, 23, Kings Road South, Wallsend is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,734 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Kings Road South, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
23, Kings Road South, Wallsend has a single entry in the Land Registry database from April 2013 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 23 Kings Road South Wallsend as £386,849 and the rental value as £1,690 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 23 Kings Road South Wallsend has increased by £5,633 (1.5%) and its rental value has increased by £131 per month (7.7%).
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 23, Kings Road South, Wallsend is in very good condition we estimate a sale value of £406,191 and rental value of £1,775 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,769 and a rental value of £1,572 per month.
If you were able to purchase this property for the estimated value of £386,849, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,901 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, 23, Kings Road South, Wallsend was last sold on 19 Apr 2013 for £269,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2013, the market for similar properties has risen 41.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Kings Road South, Wallsend within a radius of 530 metres over the last 2 years.
The most recent example is 3, Kings Road South, Wallsend, NE28 7QT, a Freehold house which sold for £372,500 in Mar 2021.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Road South, Wallsend, NE28 has a total of 52 addresses. According to our analysis of all the public data, 23, Kings Road South, Wallsend is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in NE28.
The closest station to 23, Kings Road South, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.1 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 23, Kings Road South, Wallsend, 43.4% of property is privately owned outright and 39.7% 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 23, Kings Road South, Wallsend, 19.1% of residents are recorded as possessing school level qualifications and 39.0% 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 23, Kings Road South, Wallsend, the average age was 38.5 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 23, Kings Road South, 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 23, Kings Road South, Wallsend, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.