According to the public record, 4A, Tynemouth Road, Wallsend is a mid-century leasehold apartment and with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Tynemouth Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
4A, Tynemouth Road, Wallsend has 21 entries in the Land Registry database, most recently in August 2007 and no records in the EPC database.
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 4A Tynemouth Road Wallsend as £181,622 and the rental value as £957 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 4A Tynemouth Road Wallsend has increased by £6,615 (3.6%) and its rental value has increased by £97 per month (10.2%).
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 4A, Tynemouth Road, Wallsend is in very good condition we estimate a sale value of £190,703 and rental value of £1,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,908 and a rental value of £890 per month.
If you were able to purchase this property for the estimated value of £181,622, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £893 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, 4A, Tynemouth Road, Wallsend was last sold on 31 Aug 2007 for £60,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 35m radius of 4A, Tynemouth Road, Wallsend over the last 2 years.
The most recent example is 8, Tynemouth Road, Wallsend, NE28 0LF, a Leasehold flat which sold for £78,000 in Mar 2016.
Read more about house prices in NE28.
Tynemouth Road, Wallsend, NE28 has a total of 191 addresses. According to our analysis of all the public data, 4A, Tynemouth Road, Wallsend is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in NE28.
4A, Tynemouth Road, Wallsend has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Dec 2016.
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 4A, Tynemouth Road, Wallsend is Northumberland Park (Tyne & Wear) station which is 4.2 km 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 4A, Tynemouth Road, Wallsend, 30.9% of property is socially rented and 29.4% 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 4A, Tynemouth Road, Wallsend, 24.8% of residents are recorded as possessing school level qualifications and 23.4% 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 4A, Tynemouth Road, Wallsend, the average age was 38.8 and the most common age was 32.
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 4A, Tynemouth 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 4A, Tynemouth Road, 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.