According to the public record, 244, High Street East, Wallsend is a period leasehold apartment and with 710 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
High Street East, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
244, High Street East, Wallsend has 31 entries in the Land Registry database, most recently in December 2022 and no records in the EPC database.
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 244 High Street East Wallsend as £62,113 and the rental value as £489 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 244 High Street East Wallsend has increased by £2,251 (3.6%) and its rental value has increased by £49 per month (10.0%).
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 244, High Street East, Wallsend is in very good condition we estimate a sale value of £65,219 and rental value of £514 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,765 and a rental value of £455 per month.
If you were able to purchase this property for the estimated value of £62,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £305 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, 244, High Street East, Wallsend was last sold on 16 Dec 2022 for £50,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2022, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 244, High Street East, Wallsend within a radius of 114m over the last 2 years.
The most recent example is 50, Myrtle Grove, Wallsend, NE28 6PH, a Leasehold flat which sold for £70,000 in Apr 2024.
Read more about house prices in NE28.
High Street East, Wallsend, NE28 has a total of 216 addresses. According to our analysis of all the public data, 244, High Street East, Wallsend is the 87th largest and the 199th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in NE28.
244, High Street East, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Aug 2019.
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 244, High Street East, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.5 km away.