According to the public record, 34, Kings Vale, Wallsend is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,229 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Kings Vale, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
34, Kings Vale, Wallsend has 21 entries in the Land Registry database, most recently in April 2008 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 34 Kings Vale Wallsend as £308,549 and the rental value as £1,344 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 34 Kings Vale Wallsend has increased by £7,293 (2.4%) and its rental value has increased by £117 per month (8.7%).
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 34, Kings Vale, Wallsend is in very good condition we estimate a sale value of £323,976 and rental value of £1,411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,950 and a rental value of £1,250 per month.
If you were able to purchase this property for the estimated value of £308,549, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,516 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, 34, Kings Vale, Wallsend was last sold on 23 Apr 2008 for £299,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2008, the market for similar properties has risen 25.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Kings Vale, Wallsend within a radius of 630 metres over the last 2 years.
The most recent example is 5, Queens Vale, Wallsend, NE28 7JA, a Freehold house which sold for £270,000 in Jan 2022.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Vale, Wallsend, NE28 has a total of 48 addresses. According to our analysis of all the public data, 34, Kings Vale, Wallsend is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in NE28.
The closest station to 34, Kings Vale, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.4 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 34, Kings Vale, Wallsend, 33.1% of property is privately rented and 32.0% 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 34, Kings Vale, Wallsend, 15.2% of residents are recorded as possessing school level qualifications and 22.7% 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 34, Kings Vale, 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 34, Kings Vale, Wallsend, 0.6% 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 34, Kings Vale, Wallsend, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.