According to the public record, 7, James Terrace, Wallsend is a period house with 1,216 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
James Terrace, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
7, James Terrace, Wallsend has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 7 James Terrace Wallsend as £157,950 and the rental value as £946 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 7 James Terrace Wallsend has increased by £5,266 (3.3%) and its rental value has increased by £91 per month (9.6%).
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 7, James Terrace, Wallsend is in very good condition we estimate a sale value of £165,848 and rental value of £994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,894 and a rental value of £880 per month.
If you were able to purchase this property for the estimated value of £157,950, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £776 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, 7, James Terrace, Wallsend was last sold on 12 Sep 1995 for £32,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, James Terrace, Wallsend within a radius of 371m over the last 2 years.
The most recent example is 3, James Terrace, Wallsend, NE28 6RU, a Leasehold house which sold for £142,500 in Nov 2023.
Read more about house prices in NE28.
James Terrace, Wallsend, NE28 has a total of 11 addresses. According to our analysis of all the public data, 7, James Terrace, Wallsend is the largest and the most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in NE28.
7, James Terrace, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2016.
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 7, James Terrace, Wallsend is Heworth station which is 4.4 km 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 7, James Terrace, Wallsend, 43.8% of property is socially rented and 32.6% is privately rented.
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 7, James Terrace, Wallsend, 11.0% of residents are recorded as possessing school level qualifications and 18.2% 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 7, James Terrace, 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 7, James Terrace, Wallsend, 0.8% 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 7, James Terrace, Wallsend, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.