12, Derwent Way
12, Derwent Way
Description & Estimates
Public records show 12, Derwent Way, Wallsend to be a modern freehold house with 1,012 ft2 of internal area, sitting on a 309 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
12, Derwent Way, Wallsend has an estimated sale value of £224,680 and an estimated rental value of £1,159 per month, assuming reasonable condition and based on the information available.
Derwent Way, Wallsend, NE28 lies in the borough of North Tyneside, within the NE28 postal district.
Our Data Sources
12, Derwent Way, Wallsend has a single entry in the Land Registry from June 2010 and a single entry in the EPC database dated May 2010.
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.
Price Range & Condition
In very good condition, we estimate 12, Derwent Way, Wallsend would be worth £235,914, with a potential rental value of £1,217 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £208,952, with a rental value of £1,078 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Derwent Way, Wallsend has grown by £318 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £45 (3.9%). The property's estimated gross yield is currently 6.2%.
Plot Size
12, Derwent Way, Wallsend occupies a 309 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
12, Derwent Way, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
12, Derwent Way, Wallsend last changed hands on 22nd June 2010, selling for £179,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 43.5% since June 2010.
- Sold Jun 2010£179,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 830 metres of 12, Derwent Way, Wallsend across the last 2 years.
Most recently, 1, Coquet Gardens, Wallsend, NE28 6AG, a leasehold house, sold at £205,000 on the 28th February 2025.
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
Our analysis of the public data ranks 12, Derwent Way, Wallsend as the 6th largest and the 7th most expensive of the 12 addresses on Derwent Way, Wallsend, NE28.
Against the NE28 postcode district average, it is £71k more expensive than the typical property.
More reading links
Schools Nearby
- 400mSt Peter's Church of England Primary School
- 800mRichardson Dees Primary School
- 1.0kmStephenson Memorial Primary School
- 600mBurnside College
- 2.5kmWalker Riverside Academy
- 2.6kmJarrow School
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 12, Derwent Way, Wallsend at 4.6 kilometres away.
- 4.6kmNorthumberland Park (Tyne & Wear)
- 5.3kmHeworth
- 6.3kmManors
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
