According to the public record, 55, Elmfield Gardens, Wallsend is a early-century freehold house with 656 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Elmfield Gardens, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
55, Elmfield Gardens, Wallsend has 41 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated October 2020.
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 55 Elmfield Gardens Wallsend as £135,133 and the rental value as £843 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 55 Elmfield Gardens Wallsend has increased by £5,493 (4.1%) and its rental value has increased by £88 per month (10.5%).
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 55, Elmfield Gardens, Wallsend is in very good condition we estimate a sale value of £141,890 and rental value of £885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,674 and a rental value of £784 per month.
If you were able to purchase this property for the estimated value of £135,133, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £664 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, 55, Elmfield Gardens, Wallsend sits on a plot of 171m2.
We have plot size data on 24 out of 55 other houses in the postcode and 55, Elmfield Gardens, Wallsend sits on the 14th largest plot.
According to HM Land Registry, 55, Elmfield Gardens, Wallsend was last sold on 24 May 2024 for £135,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2024, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Elmfield Gardens, Wallsend within a radius of 600 metres over the last 2 years.
The most recent example is 15, Woburn Close, Wallsend, NE28 8TG, a Leasehold house which sold for £114,950 in Jan 2024.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmfield Gardens, Wallsend, NE28 has a total of 79 addresses. According to our analysis of all the public data, 55, Elmfield Gardens, Wallsend is the 20th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in NE28.
55, Elmfield Gardens, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2020.
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 55, Elmfield Gardens, Wallsend is Northumberland Park (Tyne & Wear) 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 55, Elmfield Gardens, Wallsend, 74.3% of property is socially rented and 12.5% 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 55, Elmfield Gardens, Wallsend, 10.5% of residents are recorded as possessing school level qualifications and 13.3% 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 55, Elmfield Gardens, 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 55, Elmfield Gardens, 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 55, Elmfield Gardens, Wallsend, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.