According to the public record, 51, Cross Avenue, Wallsend is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 948 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cross Avenue, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
51, Cross Avenue, Wallsend has 2 entries in the Land Registry database, most recently in October 2012 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 51 Cross Avenue Wallsend as £148,106 and the rental value as £925 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 51 Cross Avenue Wallsend has increased by £4,095 (2.8%) and its rental value has increased by £85 per month (9.2%).
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 51, Cross Avenue, Wallsend is in very good condition we estimate a sale value of £155,511 and rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,738 and a rental value of £860 per month.
If you were able to purchase this property for the estimated value of £148,106, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £728 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 HM Land Registry, 51, Cross Avenue, Wallsend was last sold on 15 Oct 2012 for £112,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2012, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Cross Avenue, Wallsend within a radius of 550 metres over the last 2 years.
The most recent example is 34, Springfield Gardens, Wallsend, NE28 8AJ, a Freehold house which sold for £167,500 in May 2023.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Avenue, Wallsend, NE28 has a total of 48 addresses. According to our analysis of all the public data, 51, Cross Avenue, Wallsend is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in NE28.
The closest station to 51, Cross Avenue, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.9 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 51, Cross Avenue, Wallsend, 42.1% of property is socially rented and 27.1% 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 51, Cross Avenue, Wallsend, 28.1% of residents are recorded as possessing school level qualifications and 15.8% 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 51, Cross Avenue, Wallsend, the average age was 40.8 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 51, Cross 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 51, Cross Avenue, 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.