According to the public record, 5, Union Street, Wallsend is a period freehold house with 1,033 ft2 of internal area and sits on a 68.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Union Street, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
5, Union Street, Wallsend has 21 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated June 2015.
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 5 Union Street Wallsend as £127,578 and the rental value as £794 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 5 Union Street Wallsend has increased by £5,096 (4.0%) and its rental value has increased by £82 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 5, Union Street, Wallsend is in very good condition we estimate a sale value of £133,957 and rental value of £833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,648 and a rental value of £738 per month.
If you were able to purchase this property for the estimated value of £127,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £627 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, 5, Union Street, Wallsend sits on a plot of 68m2.
We have plot size data on 12 out of 18 other houses in the postcode and 5, Union Street, Wallsend sits on the 10th largest plot.
According to HM Land Registry, 5, Union Street, Wallsend was last sold on 03 Jan 2018 for £116,720 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Union Street, Wallsend within a radius of 590 metres over the last 2 years.
The most recent example is 24, Carville Gardens, Wallsend, NE28 6BA, a Freehold house which sold for £109,500 in Nov 2023.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Street, Wallsend, NE28 has a total of 18 addresses. According to our analysis of all the public data, 5, Union Street, Wallsend is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in NE28.
5, Union Street, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2015.
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 5, Union Street, Wallsend is Heworth station which is 4.1 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 5, Union Street, Wallsend, 31.9% of property is privately owned with a mortgage and 24.3% 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 5, Union Street, Wallsend, 18.5% of residents are recorded as possessing school level qualifications and 27.7% 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 5, Union Street, 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 5, Union Street, Wallsend, 0.7% 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 5, Union Street, 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.