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According to the public record, 16, Corbridge Close, Wallsend is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 983 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Corbridge Close, Wallsend is £239,296 and the estimated rental value is £1,160 per month.
Corbridge Close, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
16, Corbridge Close, Wallsend has 31 entries in the Land Registry , most recently in May 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 16, Corbridge Close, Wallsend is in very good condition we estimate a sale value of £251,261 and a rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,545 and a rental value of £1,079 per month.
Over the last 12 months the sale value of 16 Corbridge Close Wallsend has increased by an estimated £2,727 (1.1%) and its rental value has increased by an estimated £51 per month (4.4%), giving an expected gross yield of 5.8%.
According to HM Land Registry, 16, Corbridge Close, Wallsend was last sold on 26th May 2017 for £182,500 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Corbridge Close, Wallsend within a radius of 530 metres over the last 2 years.
The most recent example is 12, Cheadle Avenue, Wallsend, NE28 9QP, a leasehold house which sold for £235,000 on the 19th September 2024.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corbridge Close, Wallsend, NE28 has a total of 16 addresses. According to our analysis of all the public data, 16, Corbridge Close, Wallsend is the largest and the most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in NE28.
The closest station to 16, Corbridge Close, Wallsend is Northumberland Park (Tyne & Wear) station which is 2.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Corbridge Close, Wallsend, 57.1% of property is privately owned outright and 40.5% 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, Corbridge Close, Wallsend, 13.6% of residents are recorded as possessing school level qualifications and 25.8% 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, Corbridge Close, 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, Corbridge Close, Wallsend, 0.7% 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, Corbridge Close, Wallsend, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.