According to the public record, 64, Wallington Avenue, North Shields is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wallington Avenue, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
64, Wallington Avenue, North Shields has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated September 2014.
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 64 Wallington Avenue North Shields as £110,458 and the rental value as £822 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 64 Wallington Avenue North Shields has increased by £1,065 (1.0%) and its rental value has increased by £78 per month (9.5%).
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 64, Wallington Avenue, North Shields is in very good condition we estimate a sale value of £115,981 and rental value of £863 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,726 and a rental value of £764 per month.
If you were able to purchase this property for the estimated value of £110,458, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £543 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, 64, Wallington Avenue, North Shields was last sold on 29 Jun 2021 for £105,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, 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 64, Wallington Avenue, North Shields within a radius of 560 metres over the last 2 years.
The most recent example is 7, Rydal Avenue, North Shields, NE30 3UG, a Leasehold flat which sold for £113,000 in Dec 2022.
Read more about house prices in NE30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallington Avenue, North Shields, NE30 has a total of 110 addresses. According to our analysis of all the public data, 64, Wallington Avenue, North Shields is the 109th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in NE30.
64, Wallington Avenue, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 64, Wallington Avenue, North Shields is Northumberland Park (Tyne & Wear) station which is 4.7 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 64, Wallington Avenue, North Shields, 45.5% of property is privately owned outright and 32.3% 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 64, Wallington Avenue, North Shields, 16.3% of residents are recorded as possessing school level qualifications and 29.7% 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 64, Wallington Avenue, North Shields, the average age was 45.1 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 64, Wallington Avenue, North Shields, 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 64, Wallington Avenue, North Shields, 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.