According to the public record, 6, The Dene, Wylam is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,149 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
The Dene, Wylam, NE41 is located within the NE41 postal district.
6, The Dene, Wylam has a single entry in the Land Registry database from September 2016 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 6 The Dene Wylam as £336,789 and the rental value as £1,067 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 6 The Dene Wylam has increased by £2,747 (0.8%) and its rental value has increased by £77 per month (7.2%).
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 6, The Dene, Wylam is in very good condition we estimate a sale value of £353,628 and rental value of £1,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,214 and a rental value of £992 per month.
If you were able to purchase this property for the estimated value of £336,789, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,655 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, 6, The Dene, Wylam was last sold on 30 Sep 2016 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 26.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, The Dene, Wylam within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 4, Woodvale Gardens, Wylam, NE41 8ES, a Freehold house which sold for £325,000 in Sep 2023.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Dene, Wylam, NE41 has a total of 23 addresses. According to our analysis of all the public data, 6, The Dene, Wylam is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in NE41.
The closest station to 6, The Dene, Wylam is Wylam station which is 400 metres 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 6, The Dene, Wylam, 62.2% of property is privately owned outright and 25.2% 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 6, The Dene, Wylam, 16.4% of residents are recorded as possessing school level qualifications and 51.7% 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 6, The Dene, Wylam, the average age was 47 and the most common age was 52.
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 6, The Dene, Wylam, 0.4% 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 6, The Dene, Wylam, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.