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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 12, Stephenson Way, Wallsend is £248,475 and the estimated rental value is £1,334 per month.
Stephenson Way, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
12, Stephenson Way, Wallsend has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated March 2019.
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.
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 12, Stephenson Way, Wallsend is in very good condition we estimate a sale value of £260,899 and a rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,082 and a rental value of £1,241 per month.
Over the past 12 months, the estimated sale value of 12, Stephenson Way, Wallsend has dropped by £1,593 (0.6%), while its estimated rental value has risen by £42 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 6.4%.
12, Stephenson Way, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Stephenson Way, Wallsend was last sold on 26th April 2019 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2019, the market for similar properties has dropped by 11.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Stephenson Way, Wallsend within a radius of 680 metres over the last 2 years.
The most recent example is 44, Moor Drive, Wallsend, NE28 9FE, a freehold house which sold for £259,950 on the 20th September 2024.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stephenson Way, Wallsend, NE28 has a total of 40 addresses. According to our analysis of all the public data, 12, Stephenson Way, Wallsend is the 8th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in NE28.
The closest station to 12, Stephenson Way, Wallsend is Northumberland Park (Tyne & Wear) station, which is 2.8 kilometres away.
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 12, Stephenson Way, Wallsend, % of property is and % is .
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 12, Stephenson Way, Wallsend, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 12, Stephenson Way, Wallsend, 0.0% 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 12, Stephenson Way, Wallsend, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.