According to the public record, Morgan Villas 6, Wallsend is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 798 ft2 of internal area and sits on a 106 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
North View, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
Morgan Villas 6, Wallsend has a single entry in the Land Registry database from November 2020 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 Morgan Villas 6 Wallsend as £144,041 and the rental value as £899 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Morgan Villas 6 Wallsend has increased by £3,113 (2.2%) and its rental value has increased by £76 per month (8.5%).
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 Morgan Villas 6, Wallsend is in very good condition we estimate a sale value of £151,243 and rental value of £943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,958 and a rental value of £836 per month.
If you were able to purchase this property for the estimated value of £144,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £708 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, Morgan Villas 6, Wallsend sits on a plot of 106m2.
We have plot size data on 13 out of 20 other houses in the postcode and Morgan Villas 6, Wallsend sits on the 3rd largest plot.
According to HM Land Registry, Morgan Villas 6, Wallsend was last sold on 10 Nov 2020 for £95,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Morgan Villas 6, Wallsend within a radius of 390 metres over the last 2 years.
The most recent example is 109, Richardson Street, Wallsend, NE28 7PR, a Freehold house which sold for £153,000 in Mar 2024.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North View, Wallsend, NE28 has a total of 41 addresses. According to our analysis of all the public data, Morgan Villas 6, Wallsend is the 35th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in NE28.
The closest station to Morgan Villas 6, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.5 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 Morgan Villas 6, Wallsend, 35.0% of property is privately owned outright and 28.6% 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 Morgan Villas 6, Wallsend, 8.8% of residents are recorded as possessing school level qualifications and 30.6% 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 Morgan Villas 6, 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 Morgan Villas 6, 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 Morgan Villas 6, Wallsend, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.