15, Burn Terrace
15, Burn Terrace
Description & Estimates
15, Burn Terrace, Wallsend is described in the public record as a period apartment with 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 15, Burn Terrace, Wallsend is £62,807 and its rental estimate is £513 per month, given the available information and assuming reasonable condition.
Burn Terrace, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
15, Burn Terrace, Wallsend has no records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data 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.
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 15, Burn Terrace, Wallsend, we estimate a market value of £65,948 and a rental value of £538 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £58,411 and £477 per month respectively.
Recent Market Change
Over the last year, 15, Burn Terrace, Wallsend has seen its estimated sale value increase by £112 (0.2%) and its estimated rental value grow by £19 per month (3.7%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
15, Burn Terrace, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Burn Terrace, Wallsend have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th August 2024, was 37, Stanley Street, Wallsend, NE28 7DB, a leasehold flat which sold for £71,500.
Read more about house prices in NE28.
- Sold Aug 2024£71,500 | 2 Bed Flat37, Stanley Street, Wallsend, NE28 7DB37, Stanley Street, Wallsend, NE28 7DB
- Sold Jun 2021£65,000 | 2 Bed Flat41, Stanley Street, Wallsend, NE28 7DB41, Stanley Street, Wallsend, NE28 7DB
- Sold Oct 2020£39,999 | 2 Bed Flat73, Stanley Street, Wallsend, NE28 7DB73, Stanley Street, Wallsend, NE28 7DB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on Burn Terrace, Wallsend, NE28, 15, Burn Terrace, Wallsend comes out as the 42nd largest and the 42nd most expensive in our analysis of the public data.
It is also £91k less expensive than the average property across the NE28 district.
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Schools Nearby
- 500mStephenson Memorial Primary School
- 700mDenbigh Community Primary School
- 800mSt Peter's Church of England Primary School
- 1.0kmBurnside College
- 2.3kmNorham High School
- 2.9kmJarrow School
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Public Transport Nearby
From 15, Burn Terrace, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 4.2 kilometres away.
- 4.2kmNorthumberland Park (Tyne & Wear)
- 5.9kmHeworth
- 6.9kmManors
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.
