116, George Street
116, George Street
Description & Estimates
116, George Street, Wallsend is recorded publicly as a period leasehold apartment across 785 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 116, George Street, Wallsend is £60,456 and its rental estimate is £507 per month, given the available information and assuming reasonable condition.
George Street, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
116, George Street, Wallsend has 41 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 116, George Street, Wallsend, we estimate a market value of £63,479 and a rental value of £532 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £56,224 and £471 per month respectively.
Recent Market Change
Over the last year, 116, George Street, Wallsend has seen its estimated sale value increase by £6 (0.0%) and its estimated rental value grow by £19 per month (3.8%). This results in an estimated gross rental yield of 10.1%.
Energy Efficiency
116, George Street, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 116, George Street, Wallsend completed on 10th June 2016 at £64,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 64.1% over the period since June 2016.
- Sold Jun 2016£64,000
- Sold Jan 2007£74,000
- Sold Jun 2003£22,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 116, George Street, Wallsend have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th June 2025, was 111, George Street, Wallsend, NE28 6SL, a leasehold flat which sold for £52,000.
Read more about house prices in NE28.
- Sold Jun 2025£52,000 | 3 Bed Flat111, George Street, Wallsend, NE28 6SL111, George Street, Wallsend, NE28 6SL
- Sold Apr 2025£43,000 | 3 Bed Flat115, George Street, Wallsend, NE28 6SL115, George Street, Wallsend, NE28 6SL
- Sold Mar 2022£98,632 | 3 Bed Flat113, George Street, Wallsend, NE28 6SL113, George Street, Wallsend, NE28 6SL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on George Street, Wallsend, NE28, 116, George Street, Wallsend comes out as the 18th largest and the 19th most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the NE28 district.
More reading links
Schools Nearby
- 600mStephenson Memorial Primary School
- 1.0kmDenbigh Community Primary School
- 1.1kmPercy Main Primary School
- 1.9kmBurnside College
- 2.0kmNorham High School
- 2.1kmJarrow School
More reading links
Public Transport Nearby
From 116, George Street, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 5.0 kilometres away.
- 5.0kmNorthumberland Park (Tyne & Wear)
- 6.1kmHeworth
- 7.6kmManors
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
