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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
16, Abercorn Place, Wallsend is described in the public record as a mid-century house with 355 ft2 of internal area.
Locally, houses of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 16, Abercorn Place, Wallsend is £130,017 and its rental estimate is £793 per month, given the available information and assuming reasonable condition.
Abercorn Place, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
16, Abercorn Place, Wallsend has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
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.
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 16, Abercorn Place, Wallsend, we estimate a market value of £136,518 and a rental value of £833 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £120,916 and £738 per month respectively.
Over the last year, 16, Abercorn Place, Wallsend has seen its estimated sale value move up by £345 (0.3%) and its estimated rental value increase by £31 per month (4.0%). This results in an estimated gross rental yield of 7.3%.
16, Abercorn Place, Wallsend has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Over the past 2 years 3 properties have sold within 470 metres of 16, Abercorn Place, Wallsend, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2016, was 13, Abercorn Place, Wallsend, NE28 9UE, a leasehold house which sold for £136,000.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 22 addresses on Abercorn Place, Wallsend, NE28, 16, Abercorn Place, Wallsend comes out as the 22nd largest and the 21st most expensive in our analysis of the public data.
It is also £24k less expensive than the average property across the NE28 district.
From 16, Abercorn Place, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 2.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Abercorn Place, Wallsend, 46.3% of property is privately owned outright and 39.8% is privately owned with a mortgage.
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 16, Abercorn Place, Wallsend, 14.4% of residents are recorded as possessing school level qualifications and 26.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Abercorn Place, Wallsend, the average age was 42.2 and the most common age was 62.
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 16, Abercorn Place, Wallsend, 1.2% 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 16, Abercorn Place, Wallsend, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
