According to the public record, 7, Stephenson Terrace, Wylam is a period house with 1,593 ft2 of internal area and sits on a 200 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Stephenson Terrace, Wylam, NE41 is located within the NE41 postal district.
7, Stephenson Terrace, Wylam has no records in the Land Registry database and a single entry in the EPC database dated August 2022.
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 Stephenson Terrace Wylam as £432,171 and the rental value as £1,067 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 7 Stephenson Terrace Wylam has increased by £1,222 (0.3%) and its rental value has increased by £71 per month (6.7%).
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, Stephenson Terrace, Wylam is in very good condition we estimate a sale value of £453,779 and rental value of £1,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,919 and a rental value of £992 per month.
If you were able to purchase this property for the estimated value of £432,171, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,124 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, 7, Stephenson Terrace, Wylam sits on a plot of 200m2.
We have plot size data on 11 out of 23 other houses in the postcode and 7, Stephenson Terrace, Wylam sits on the 9th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Stephenson Terrace, Wylam within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 17, Ingham Terrace, Wylam, NE41 8DS, a Freehold house which sold for £440,000 in Jun 2024.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stephenson Terrace, Wylam, NE41 has a total of 23 addresses. According to our analysis of all the public data, 7, Stephenson Terrace, Wylam is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £186k more expensive than the average property in NE41.
7, Stephenson Terrace, Wylam has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Stephenson Terrace, Wylam is Wylam station which is 200 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 7, Stephenson Terrace, Wylam, 50.0% of property is privately owned outright and 29.8% 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 7, Stephenson Terrace, Wylam, 19.0% of residents are recorded as possessing school level qualifications and 54.6% 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 7, Stephenson Terrace, 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 7, Stephenson Terrace, Wylam, 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 7, Stephenson Terrace, 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.