According to the public record, 3, Kings Road South, Wallsend is a mid-century freehold house with 1,765 ft2 of internal area and sits on a 250 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Kings Road South, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
3, Kings Road South, Wallsend has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated July 2020.
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 3 Kings Road South Wallsend as £380,935 and the rental value as £1,664 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 3 Kings Road South Wallsend has increased by £5,546 (1.5%) and its rental value has increased by £129 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 3, Kings Road South, Wallsend is in very good condition we estimate a sale value of £399,982 and rental value of £1,748 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,270 and a rental value of £1,548 per month.
If you were able to purchase this property for the estimated value of £380,935, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,872 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, 3, Kings Road South, Wallsend sits on a plot of 250m2.
We have plot size data on 4 out of 12 other houses in the postcode and 3, Kings Road South, Wallsend sits on the 3rd largest plot.
According to HM Land Registry, 3, Kings Road South, Wallsend was last sold on 18 Mar 2021 for £372,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Kings Road South, Wallsend within a radius of 520 metres over the last 2 years.
The most recent example is 5, Kings Road South, Wallsend, NE28 7QT, a Freehold house which sold for £280,000 in Nov 2019.
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, 3, Kings Road South, Wallsend is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £238k more expensive than the average property in NE28.
3, Kings Road South, Wallsend has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jul 2020.
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 3, 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 3, 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 3, 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 3, 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 3, 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 3, 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.