According to the public record, 87, Dene Road, Wylam is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,097 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Dene Road, Wylam, NE41 is located within the NE41 postal district.
87, Dene Road, Wylam has a single entry in the Land Registry database from January 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 87 Dene Road Wylam as £279,236 and the rental value as £1,072 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 87 Dene Road Wylam has increased by £2,278 (0.8%) and its rental value has increased by £77 per month (7.2%).
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 87, Dene Road, Wylam is in very good condition we estimate a sale value of £293,198 and rental value of £1,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,689 and a rental value of £997 per month.
If you were able to purchase this property for the estimated value of £279,236, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,372 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, 87, Dene Road, Wylam was last sold on 23 Jan 2006 for £218,000 and was recorded as a freehold 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 87, Dene Road, Wylam within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 1, Hackworth Gardens, Wylam, NE41 8EJ, a Freehold house which sold for £240,000 in Nov 2023.
Read more about house prices in NE41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dene Road, Wylam, NE41 has a total of 123 addresses. According to our analysis of all the public data, 87, Dene Road, Wylam is the 72nd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in NE41.
The closest station to 87, Dene Road, Wylam is Wylam station which is 500 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 87, Dene Road, Wylam, 60.5% 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 87, Dene Road, Wylam, 17.5% of residents are recorded as possessing school level qualifications and 52.2% 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 87, Dene Road, 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 87, Dene Road, Wylam, 1.5% 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 87, Dene Road, Wylam, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.