According to the public record, 75, North Road, Wallsend is a period apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
North Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
75, North Road, Wallsend has no records in the Land Registry database and a single entry in the EPC database dated November 2013.
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 75 North Road Wallsend as £47,824 and the rental value as £377 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 75 North Road Wallsend has increased by £1,708 (3.6%) and its rental value has increased by £37 per month (9.9%).
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 75, North Road, Wallsend is in very good condition we estimate a sale value of £50,215 and rental value of £396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £44,476 and a rental value of £350 per month.
If you were able to purchase this property for the estimated value of £47,824, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £235 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 75, North Road, Wallsend within a radius of 430 metres over the last 2 years.
The most recent example is 6 Valeshead House, Park Road, Wallsend, NE28 8HA, a Leasehold flat which sold for £45,000 in Aug 2022.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Road, Wallsend, NE28 has a total of 115 addresses. According to our analysis of all the public data, 75, North Road, Wallsend is the 101st largest and the 109th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in NE28.
75, North Road, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 2013.
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 75, North Road, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.6 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 75, North Road, Wallsend, 29.3% of property is privately rented and 28.6% is socially 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 75, North Road, Wallsend, 18.0% of residents are recorded as possessing school level qualifications and 22.4% 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 75, North Road, 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 75, North Road, Wallsend, 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 75, North Road, 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.