According to the public record, 24, Rising Sun Cottages, Wallsend is a period freehold house with 1,237 ft2 of internal area and sits on a 227 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rising Sun Cottages, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
24, Rising Sun Cottages, Wallsend has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated March 2023.
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 24 Rising Sun Cottages Wallsend as £231,816 and the rental value as £1,094 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 24 Rising Sun Cottages Wallsend has increased by £3,374 (1.5%) and its rental value has increased by £85 per month (7.8%).
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 24, Rising Sun Cottages, Wallsend is in very good condition we estimate a sale value of £243,407 and rental value of £1,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,589 and a rental value of £1,017 per month.
If you were able to purchase this property for the estimated value of £231,816, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,139 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, 24, Rising Sun Cottages, Wallsend sits on a plot of 227m2.
We have plot size data on 16 out of 34 other houses in the postcode and 24, Rising Sun Cottages, Wallsend sits on the 4th largest plot.
According to HM Land Registry, 24, Rising Sun Cottages, Wallsend was last sold on 09 Jun 2023 for £256,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Rising Sun Cottages, Wallsend within a radius of 620 metres over the last 2 years.
The most recent example is 9, Rising Sun Cottages, Wallsend, NE28 9JW, a Freehold house which sold for £199,950 in Mar 2021.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rising Sun Cottages, Wallsend, NE28 has a total of 34 addresses. According to our analysis of all the public data, 24, Rising Sun Cottages, Wallsend is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in NE28.
24, Rising Sun Cottages, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2023.
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 24, Rising Sun Cottages, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.1 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 24, Rising Sun Cottages, Wallsend, 48.8% of property is privately owned outright and 31.5% 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 24, Rising Sun Cottages, Wallsend, 11.5% of residents are recorded as possessing school level qualifications and 23.0% 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 24, Rising Sun Cottages, Wallsend, the average age was 44.3 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 24, Rising Sun Cottages, Wallsend, 2.7% 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 24, Rising Sun Cottages, Wallsend, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.