According to the public record, 88, West Street, Wallsend is a modern leasehold house with 613 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
West Street, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
88, West Street, Wallsend has 31 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated August 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 88 West Street Wallsend as £132,964 and the rental value as £814 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 88 West Street Wallsend has increased by £5,202 (3.9%) and its rental value has increased by £83 per month (10.3%).
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 88, West Street, Wallsend is in very good condition we estimate a sale value of £139,612 and rental value of £855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,656 and a rental value of £757 per month.
If you were able to purchase this property for the estimated value of £132,964, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £653 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, 88, West Street, Wallsend was last sold on 10 May 2021 for £125,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, West Street, Wallsend within a radius of 470 metres over the last 2 years.
The most recent example is 90, West Street, Wallsend, NE28 8LE, a Leasehold house which sold for £135,000 in Dec 2023.
Read more about house prices in NE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Street, Wallsend, NE28 has a total of 81 addresses. According to our analysis of all the public data, 88, West Street, Wallsend is the 76th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in NE28.
88, West Street, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 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 88, West Street, Wallsend is Manors 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 88, West Street, Wallsend, 44.7% of property is privately owned outright and 34.2% 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 88, West Street, Wallsend, 14.8% of residents are recorded as possessing school level qualifications and 30.2% 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 88, West Street, 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 88, West Street, Wallsend, 0.8% 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 88, West Street, Wallsend, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.