According to the public record, 76, Northumberland Street, Wallsend is a period leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Northumberland Street, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
76, Northumberland Street, Wallsend has 51 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated May 2020.
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 76 Northumberland Street Wallsend as £83,793 and the rental value as £629 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 76 Northumberland Street Wallsend has increased by £3,076 (3.7%) and its rental value has increased by £63 per month (10.1%).
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 76, Northumberland Street, Wallsend is in very good condition we estimate a sale value of £87,983 and rental value of £660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,928 and a rental value of £585 per month.
If you were able to purchase this property for the estimated value of £83,793, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £412 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, 76, Northumberland Street, Wallsend was last sold on 13 Feb 2023 for £87,150 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2023, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 76, Northumberland Street, Wallsend within a radius of 370 metres over the last 2 years.
The most recent example is 112, Northumberland Street, Wallsend, NE28 7PX, a Leasehold flat which sold for £82,500 in Oct 2023.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northumberland Street, Wallsend, NE28 has a total of 86 addresses. According to our analysis of all the public data, 76, Northumberland Street, Wallsend is the 51st largest and the 38th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in NE28.
76, Northumberland Street, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2020.
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 76, Northumberland Street, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.4 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 76, Northumberland Street, Wallsend, 61.1% of property is privately rented and 17.6% 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 76, Northumberland Street, Wallsend, 19.7% of residents are recorded as possessing school level qualifications and 24.4% 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 76, Northumberland Street, Wallsend, the average age was 38.5 and the most common age was 27.
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 76, Northumberland Street, 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 76, Northumberland Street, Wallsend, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.