According to the public record, 68, Oban Avenue, Wallsend is a mid-century freehold house with 764 ft2 of internal area and sits on a 148 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oban Avenue, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
68, Oban Avenue, Wallsend has 21 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated October 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 68 Oban Avenue Wallsend as £133,952 and the rental value as £863 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 68 Oban Avenue Wallsend has increased by £3,793 (2.8%) and its rental value has increased by £80 per month (9.3%).
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 68, Oban Avenue, Wallsend is in very good condition we estimate a sale value of £140,649 and rental value of £906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,575 and a rental value of £802 per month.
If you were able to purchase this property for the estimated value of £133,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £658 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, 68, Oban Avenue, Wallsend sits on a plot of 148m2.
We have plot size data on 23 out of 49 other houses in the postcode and 68, Oban Avenue, Wallsend sits on the 14th largest plot.
According to HM Land Registry, 68, Oban Avenue, Wallsend was last sold on 28 Feb 2020 for £111,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2020, the market for similar properties has risen 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68, Oban Avenue, Wallsend within a radius of 470 metres over the last 2 years.
The most recent example is 1, Elgin Avenue, Wallsend, NE28 0PH, a Freehold house which sold for £85,000 in Oct 2021.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oban Avenue, Wallsend, NE28 has a total of 65 addresses. According to our analysis of all the public data, 68, Oban Avenue, Wallsend is the 23rd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in NE28.
68, Oban Avenue, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2014.
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 68, Oban Avenue, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.6 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 68, Oban Avenue, Wallsend, 42.5% of property is socially rented and 24.0% 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 68, Oban Avenue, Wallsend, 11.1% of residents are recorded as possessing school level qualifications and 12.1% 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 68, Oban Avenue, Wallsend, the average age was 41.3 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 68, Oban Avenue, Wallsend, 0.7% 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 68, Oban Avenue, Wallsend, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.