According to the public record, 8, Perth Gardens, Wallsend is a mid-century freehold house with 775 ft2 of internal area and sits on a 1,376 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Perth Gardens, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
8, Perth Gardens, Wallsend has 2 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated September 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 8 Perth Gardens Wallsend as £144,536 and the rental value as £895 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 8 Perth Gardens Wallsend has increased by £4,609 (3.2%) and its rental value has increased by £86 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 8, Perth Gardens, Wallsend is in very good condition we estimate a sale value of £151,763 and rental value of £939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,419 and a rental value of £832 per month.
If you were able to purchase this property for the estimated value of £144,536, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £710 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, 8, Perth Gardens, Wallsend sits on a plot of 1376m2.
We have plot size data on 8 out of 9 other houses in the postcode and 8, Perth Gardens, Wallsend sits on the 5th largest plot.
According to HM Land Registry, 8, Perth Gardens, Wallsend was last sold on 23 Apr 2021 for £124,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Perth Gardens, Wallsend within a radius of 470 metres over the last 2 years.
The most recent example is 106, Edward Road, Wallsend, NE28 7DU, a Freehold house which sold for £136,000 in Jun 2021.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Perth Gardens, Wallsend, NE28 has a total of 55 addresses. According to our analysis of all the public data, 8, Perth Gardens, Wallsend is the 18th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in NE28.
8, Perth Gardens, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 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 8, Perth Gardens, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.5 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 8, Perth Gardens, Wallsend, 61.1% of property is socially rented and 21.4% 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 8, Perth Gardens, Wallsend, 21.4% of residents are recorded as possessing school level qualifications and 16.4% 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 8, Perth Gardens, 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 8, Perth Gardens, 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 8, Perth Gardens, 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.