According to the public record, 35, Stead Street, Wallsend is a mid-century freehold house and with 678 ft2 of internal area and sits on a 327 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Stead Street, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
35, Stead Street, Wallsend has a single entry in the Land Registry database from September 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 35 Stead Street Wallsend as £93,474 and the rental value as £633 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 35 Stead Street Wallsend has increased by £3,830 (4.1%) and its rental value has increased by £67 per month (10.6%).
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 35, Stead Street, Wallsend is in very good condition we estimate a sale value of £98,147 and rental value of £664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,931 and a rental value of £588 per month.
If you were able to purchase this property for the estimated value of £93,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £459 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, 35, Stead Street, Wallsend sits on a plot of 327m2.
We have plot size data on 7 out of 35 other houses in the postcode and 35, Stead Street, Wallsend sits on the largest plot.
According to HM Land Registry, 35, Stead Street, Wallsend was last sold on 20 Sep 2021 for £94,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Stead Street, Wallsend within a radius of 380m over the last 2 years.
The most recent example is 18, Stead Street, Wallsend, NE28 0AP, a Freehold house which sold for £83,500 in Jul 2023.
Read more about house prices in NE28.
Stead Street, Wallsend, NE28 has a total of 35 addresses. According to our analysis of all the public data, 35, Stead Street, Wallsend is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in NE28.
35, Stead Street, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jun 2021.
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 35, Stead Street, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.3 km 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 35, Stead Street, Wallsend, 65.1% of property is socially rented and 14.7% is privately rented.
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 35, Stead Street, Wallsend, 27.7% of residents are recorded as possessing school level qualifications and 21.2% 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 35, Stead Street, Wallsend, the average age was 38.8 and the most common age was 32.
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 35, Stead Street, Wallsend, 0.8% 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 35, Stead Street, Wallsend, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.