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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
According to the public record, 112, Martin Road, Wallsend is a mid-century freehold house with 1,313 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 112, Martin Road, Wallsend is £175,005 and the estimated rental value is £1,043 per month.
Martin Road, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
112, Martin Road, Wallsend has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 112, Martin Road, Wallsend is in very good condition we estimate a sale value of £183,755 and a rental value of £1,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,755 and a rental value of £970 per month.
Over the past 12 months, the estimated sale value of 112, Martin Road, Wallsend has dropped by £1,122 (0.6%), while its estimated rental value has risen by £33 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 7.2%.
According to data from HM Land Registry, 112, Martin Road, Wallsend sits on a plot of 121 m2.
We have plot size data on 7 out of 30 other houses in the postcode and 112, Martin Road, Wallsend sits on the 5th largest plot.
112, Martin Road, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 112, Martin Road, Wallsend was last sold on 9th November 2021 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has risen by 5.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Martin Road, Wallsend within a radius of 540 metres over the last 2 years.
The most recent example is 39, Gilsland Avenue, Wallsend, NE28 0NJ, a freehold house which sold for £152,500 on the 28th March 2023.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martin Road, Wallsend, NE28 has a total of 56 addresses. According to our analysis of all the public data, 112, Martin Road, Wallsend is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in NE28.
The closest station to 112, Martin Road, Wallsend is Northumberland Park (Tyne & Wear) station, which is 4.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 112, Martin Road, Wallsend, 65.0% of property is socially rented and 17.5% is privately owned with a mortgage.
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 112, Martin Road, Wallsend, 23.8% of residents are recorded as possessing school level qualifications and 14.2% 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 112, Martin 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 112, Martin Road, Wallsend, 0.4% 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 112, Martin Road, Wallsend, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
