115, Moor Edge Drive
115, Moor Edge Drive
Description & Estimates
115, Moor Edge Drive, Wallsend is recorded publicly as a modern freehold house across 1,754 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 115, Moor Edge Drive, Wallsend is £320,627 and its rental estimate is £1,741 per month, given the available information and assuming reasonable condition.
Moor Edge Drive, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
115, Moor Edge Drive, Wallsend has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 115, Moor Edge Drive, Wallsend, we estimate a market value of £336,658 and a rental value of £1,828 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £298,183 and £1,619 per month respectively.
Recent Market Change
Over the last year, 115, Moor Edge Drive, Wallsend has seen its estimated sale value drop by £2,137 (0.7%) and its estimated rental value rise by £48 per month (2.8%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
115, Moor Edge Drive, Wallsend has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jan 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 115, Moor Edge Drive, Wallsend completed on 29th April 2022 at £315,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 22.2% over the period since April 2022.
- Sold Apr 2022£315,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 115, Moor Edge Drive, Wallsend have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2022, was 127, Moor Edge Drive, Wallsend, NE28 9FQ, a freehold house which sold for £314,950.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 98 addresses on Moor Edge Drive, Wallsend, NE28, 115, Moor Edge Drive, Wallsend comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £167k more expensive than the average property across the NE28 district.
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Schools Nearby
- 1.0kmWallsend Jubilee Primary School
- 1.1kmSt Bernadette's Catholic Primary, Wallsend
- 1.1kmRedesdale Primary School
- 2.0kmLongbenton High School
- 2.5kmGeorge Stephenson High School
- 2.7kmBurnside College
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Public Transport Nearby
From 115, Moor Edge Drive, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 2.6 kilometres away.
- 2.6kmNorthumberland Park (Tyne & Wear)
- 6.0kmManors
- 6.8kmSeaton Delaval
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
