According to the public record, 48, St. Cuthberts Road, Wallsend is a mid-century freehold house and with 925 ft2 of internal area and sits on a 174 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
St. Cuthberts Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
48, St. Cuthberts Road, Wallsend has 2 entries in the Land Registry database, most recently in January 2022 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 St. Cuthberts Road Wallsend as £130,553 and the rental value as £837 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 48 St. Cuthberts Road Wallsend has increased by £4,751 (3.6%) and its rental value has increased by £85 per month (10.1%).
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, St. Cuthberts Road, Wallsend is in very good condition we estimate a sale value of £137,080 and rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,414 and a rental value of £779 per month.
If you were able to purchase this property for the estimated value of £130,553, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £642 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, St. Cuthberts Road, Wallsend sits on a plot of 174m2.
We have plot size data on 18 out of 30 other houses in the postcode and 48, St. Cuthberts Road, Wallsend sits on the 16th largest plot.
According to HM Land Registry, 48, St. Cuthberts Road, Wallsend was last sold on 07 Jan 2022 for £140,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, St. Cuthberts Road, Wallsend within a radius of 253m over the last 2 years.
The most recent example is 26, St. Cuthberts Road, Wallsend, NE28 7JD, a Freehold house which sold for £110,000 in Aug 2023.
Read more about house prices in NE28.
St. Cuthberts Road, Wallsend, NE28 has a total of 71 addresses. According to our analysis of all the public data, 48, St. Cuthberts Road, Wallsend is the 36th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in NE28.
48, St. Cuthberts Road, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2016.
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 48, St. Cuthberts Road, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.6 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, St. Cuthberts Road, Wallsend, 43.4% of property is socially rented and 27.9% 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 48, St. Cuthberts Road, Wallsend, 25.0% of residents are recorded as possessing school level qualifications and 17.4% 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, St. Cuthberts Road, 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, St. Cuthberts Road, Wallsend, 0.3% 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, St. Cuthberts Road, 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.