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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, Derwent Way, Wallsend is recorded publicly as a modern leasehold house across 948 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Derwent Way, Wallsend is £222,696 and its rental estimate is £1,171 per month, given the available information and assuming reasonable condition.
Derwent Way, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
1, Derwent Way, Wallsend has a single entry in the Land Registry from July 2011 and a single entry in the EPC database dated February 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Derwent Way, Wallsend, we estimate a market value of £233,831 and a rental value of £1,229 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £207,107 and £1,089 per month respectively.
Over the last year, 1, Derwent Way, Wallsend has seen its estimated sale value move up by £316 (0.1%) and its estimated rental value increase by £45 per month (3.9%). This results in an estimated gross rental yield of 6.3%.
1, Derwent Way, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Derwent Way, Wallsend completed on 29th July 2011 at £156,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 46.1% over the period since July 2011.
Over the past 2 years 3 properties similar to 1, Derwent Way, Wallsend have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2025, was 28, Coquet Gardens, Wallsend, NE28 6AG, a leasehold house which sold for £2,225.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Derwent Way, Wallsend, NE28, 1, Derwent Way, Wallsend comes out as the 9th largest and the 8th most expensive in our analysis of the public data.
It is also £69k more expensive than the average property across the NE28 district.
From 1, Derwent Way, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 4.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Derwent Way, Wallsend, 45.2% of property is privately owned with a mortgage and 27.2% is privately owned outright.
The graph below shows how this compares to North East 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 1, Derwent Way, Wallsend, 15.8% of residents are recorded as possessing school level qualifications and 32.3% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Derwent Way, 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 1, Derwent Way, Wallsend, 1.6% 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 1, Derwent Way, Wallsend, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
