According to the public record, 48, Ferndale Avenue, Wallsend is a period freehold house and with 1,108 ft2 of internal area and sits on a 120 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ferndale Avenue, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
48, Ferndale Avenue, Wallsend has a single entry in the Land Registry database from September 2007 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 48 Ferndale Avenue Wallsend as £162,790 and the rental value as £966 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 48 Ferndale Avenue Wallsend has increased by £4,106 (2.5%) and its rental value has increased by £86 per month (8.9%).
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 48, Ferndale Avenue, Wallsend is in very good condition we estimate a sale value of £170,929 and rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,394 and a rental value of £898 per month.
If you were able to purchase this property for the estimated value of £162,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £800 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, 48, Ferndale Avenue, Wallsend sits on a plot of 120m2.
We have plot size data on 25 out of 37 other houses in the postcode and 48, Ferndale Avenue, Wallsend sits on the 4th largest plot.
According to HM Land Registry, 48, Ferndale Avenue, Wallsend was last sold on 28 Sep 2007 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Ferndale Avenue, Wallsend within a radius of 116m over the last 2 years.
The most recent example is 13, Ferndale Avenue, Wallsend, NE28 7NA, a Freehold house which sold for £175,000 in Jun 2024.
Read more about house prices in NE28.
Ferndale Avenue, Wallsend, NE28 has a total of 55 addresses. According to our analysis of all the public data, 48, Ferndale Avenue, Wallsend is the 17th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in NE28.
48, Ferndale Avenue, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 48, Ferndale Avenue, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.5 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 48, Ferndale Avenue, Wallsend, 38.1% of property is privately owned with a mortgage and 28.4% is privately owned outright.
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 48, Ferndale Avenue, Wallsend, 16.5% of residents are recorded as possessing school level qualifications and 32.7% 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 48, Ferndale Avenue, 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 48, Ferndale Avenue, 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 48, Ferndale Avenue, Wallsend, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.