According to the public record, 48, Praetorian Drive, Wallsend is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 800 ft2 of internal area and sits on a 9,235 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Praetorian Drive, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
48, Praetorian Drive, Wallsend has 31 entries in the Land Registry database, most recently in November 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 48 Praetorian Drive Wallsend as £179,137 and the rental value as £980 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 48 Praetorian Drive Wallsend has increased by £7,156 (4.0%) and its rental value has increased by £101 per month (10.3%).
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, Praetorian Drive, Wallsend is in very good condition we estimate a sale value of £188,093 and rental value of £1,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,597 and a rental value of £912 per month.
If you were able to purchase this property for the estimated value of £179,137, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £880 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, Praetorian Drive, Wallsend sits on a plot of 9235m2.
We have plot size data on 46 out of 46 other houses in the postcode and 48, Praetorian Drive, Wallsend sits on the largest plot.
According to HM Land Registry, 48, Praetorian Drive, Wallsend was last sold on 03 Nov 2008 for £105,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Nov 2008, the market for similar properties has risen 41.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Praetorian Drive, Wallsend within a radius of 490 metres over the last 2 years.
The most recent example is 52, Praetorian Drive, Wallsend, NE28 6RQ, a Leasehold house which sold for £160,000 in Aug 2021.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Praetorian Drive, Wallsend, NE28 has a total of 64 addresses. According to our analysis of all the public data, 48, Praetorian Drive, Wallsend is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in NE28.
The closest station to 48, Praetorian Drive, Wallsend is Heworth station which is 4.3 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 48, Praetorian Drive, Wallsend, 29.5% of property is privately owned with a mortgage and 27.9% 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, Praetorian Drive, Wallsend, 17.2% of residents are recorded as possessing school level qualifications and 30.7% 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, Praetorian Drive, Wallsend, the average age was 42.4 and the most common age was 57.
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, Praetorian Drive, 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, Praetorian Drive, Wallsend, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.