According to the public record, 3 Corstopitum, Ryton Gardens, Wallsend is a mid-century leasehold apartment and with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Ryton Gardens, Wallsend, NE28.
Ryton Gardens, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
3 Corstopitum, Ryton Gardens, Wallsend has 271 entries in the Land Registry database, most recently in August 2021 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 3 Corstopitum Ryton Gardens Wallsend as £54,532 and the rental value as £427 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 3 Corstopitum Ryton Gardens Wallsend has increased by £1,718 (3.2%) and its rental value has increased by £41 per month (9.6%).
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 Corstopitum, Ryton Gardens, Wallsend is in very good condition we estimate a sale value of £57,259 and rental value of £448 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £50,715 and a rental value of £397 per month.
If you were able to purchase this property for the estimated value of £54,532, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £268 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, 3 Corstopitum, Ryton Gardens, Wallsend was last sold on 27 Aug 2021 for £44,000 and was recorded as a leasehold flat.
The property has had 27 sales since 1995.
Since Aug 2021, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Corstopitum, Ryton Gardens, Wallsend within a radius of 0m over the last 2 years.
The most recent example is 6 Vindolanda, Ryton Gardens, Wallsend, NE28 7EJ, a Leasehold flat which sold for £53,000 in Dec 2022.
Read more about house prices in NE28.
Ryton Gardens, Wallsend, NE28 has a total of 18 addresses. According to our analysis of all the public data, 3 Corstopitum, Ryton Gardens, Wallsend is the 11th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in NE28.
3 Corstopitum, Ryton Gardens, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2014.
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 Corstopitum, Ryton Gardens, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.4 km away.